OFF MARKET

151 Cavendish Road
Coorparoo QLD 4151

Bedrooms: -
Bathrooms: -
Car spaces: 18
Land area: 1366m2
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Property Details for 151 Cavendish Rd, Coorparoo

Building Type
Commercial
Land Size
1366m2
Local Government
Brisbane
Lot/Plan
1/RP105828

Last Listing description (February 2022)

NAI Harcourts Pinnacle and Harcourts Inner East are pleased to offer this one of a kind property to you for sale via Auction. This City fringe development opportunity has a dual frontage to both Cavendish Road and Holdsworth Street and is situated on a total of 1,366m.

The current holding is presented as four tenancies and a large carpark suitable for owner occupation, investment or redevelopment in the tightly held and prestigious suburb of Coorparoo. The site currently has an approved Development in place for a multi story Commercial/Retail & Residential Tower.

Highlights:

- Dual street frontage
- DA mixed Use approved
- Zoned DC2 District Centre Corridor Zone ( 12 Storeys )
- Current holding income
- Strong growth corridor
- Close to shops Coles, Woolworths and Aldi all within 500m
- Coorparoo Market Square directly opposite - $250 million development
- Easy transport links Buses at the door, train station within 800m
- Easy distance to many 2032 Olympic venues including Woolloongabba, Southbank and Suncorp Stadium
- Situated in close proximity to some of Brisbane's Best Schools.

This property will be sold via Auction if not prior.
18th November 12pm
Location: Harcourts Head Office - 31 Amy Johnson Place, Eagle Farm.

Approximately 6 kilometres South-East from Brisbane's CBD. Coorparoo continues to benefit from consumer demand for near-city living with easy access to the city along either the Southeast Freeway or the Story Bridge. Given its close proximity to the city, the suburb has a high proportion of medium density unit complexes and a strong rental market. Families are well catered for with both private and state schools in the suburb. A very small part of Coorparoo is designated semi-industrial and commercial; however, this is a defined and isolated area not impinging on the residential zones of the suburb.

For any further information or to arrange a site inspection please contact the agents below.

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Property History for 151 Cavendish Rd, Coorparoo, QLD 4151

A timeline of how this property has performed in the market
Last Sold
$4,250,000
22 Nov 2021
Listed for Rent
$672/w
13 Apr 2015
  • 22 Nov 2021
    Sold for $4,250,000
  • 25 Oct 2021
    Listed for Sale AUCTION
  • 15 Dec 2014
    Listed for Rent - Price not available

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About Coorparoo 4151

The size of Coorparoo is approximately 5.4 square kilometres. It has 31 parks covering nearly 10.1% of total area. The population of Coorparoo in 2011 was 14,944 people. By 2016 the population was 16,284 showing a population growth of 9.0% in the area during that time. The predominant age group in Coorparoo is 20-29 years. Households in Coorparoo are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coorparoo work in a professional occupation. In 2011, 52.7% of the homes in Coorparoo were owner-occupied compared with 52.1% in 2016.

Coorparoo has 9,877 properties. Over the last 5 years, Houses in Coorparoo have seen a 73.70% increase in median value, while Units have seen a 91.72% increase. As at 30 November 2024:

  • The median value for Houses in Coorparoo is $1,616,130 while the median value for Units is $716,197.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 20 properties listed for sale, and 19 properties listed for rent in Coorparoo on OnTheHouse. According to CoreLogic's data, 466 properties were sold in the past 12 months in Coorparoo.

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