156 Queen StreetCleveland QLD 4163
Property Details for 156 Queen St, Cleveland
156 Queen St, Cleveland is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 799m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Cleveland in the last 12 months.
Last Listing description (February 2024)
EXCEPTIONAL DEVELOPMENT OPPORTUNITY -
Prime Location: Nestled on 799 square meters, this property at 156 Queen Street is a gem, boasting an MR1 Residential High-Rise 5-Story Zoning.
Situated just meters from Cleveland CBD on a corner position, it's an ideal canvas for innovative residential development.
Unleash your creativity with the potential for a boutique development that stands out.
Investment Highlights:
- An existing three-bedroom home offers immediate rental potential (main with air conditioning).
- Estimated Rental Income: $560 to $590 per week, ensuring financial viability during development planning.
Strategic Advantages:**
- Close proximity to schools, shops, and transport facilities.
- The rental return provides a cushion, covering holding costs as you plan your boutique development.
Don't Miss Out.
Seize this rare opportunity to secure a perfectly located site. Act now as properties like these are in high demand.
Contact us to turn your vision into reality!
Call Michael Fardouly - 0413 517 222
Property History for 156 Queen St, Cleveland, QLD 4163
- 14 Mar 2024Listed for Rent $550 / week
- 30 Jan 2024Sold for $1,000,000
- 17 Jan 2024Listed for Sale Offers over $1,000,000
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0About Cleveland 4163
The size of Cleveland is approximately 11.7 square kilometres. It has 55 parks covering nearly 19.2% of total area. The population of Cleveland in 2011 was 14,413 people. By 2016 the population was 14,791 showing a population growth of 2.6% in the area during that time. The predominant age group in Cleveland is 50-59 years. Households in Cleveland are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cleveland work in a professional occupation. In 2011, 63% of the homes in Cleveland were owner-occupied compared with 62.2% in 2016.
Cleveland has 8,902 properties. Over the last 5 years, Houses in Cleveland have seen a 77.94% increase in median value, while Units have seen a 77.97% increase. As at 31 August 2024:
- The median value for Houses in Cleveland is $1,146,342 while the median value for Units is $717,133.
- Houses have a median rent of $700 while Units have a median rent of $625.
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