OFF MARKET

5 Nelson Street
Corinda QLD 4075

Bedrooms: 2
Bathrooms: 1
Car spaces: 6
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Property Details for 5 Nelson St, Corinda

Building Type
Commercial
Local Government
Brisbane
Lot/Plan
127/RP29559

Last Listing description (April 2024)

FLOOD FREE SITE ZONED DISTRICT CENTRE 2

This property/site offers a plethora of options to the astute buyer who loves upside and a flood free property. Zoned DC2, you have the option of developing up to 5 stories/levels + basement car parking on this prime development land 12 kilometer's to Brisbane CBD. The Olympic city in 2032, Brisbane is on everyone's lips as a fantastic city to invest in big or small.

Being so close to transport opens the floodgates to a NDIS development. Right now, this may just be it's highest and best use, however it's your call in what you want to do. Close by are well developed Medical/Specialist Centers including the Corinda Family Medical Centre. This facility would coincide well with an NDIS development.

Your options can be a child care center, aged care facility, commercial or residential development, residential home, a splitter block (as the block is on 2 subdivisions) and or a mixed use development.

* 20.1m frontage by 40.9m depth
* L127-128 RP29559

The current home is a beautiful and very much livable Queenslander suited to a home buyer or rental investment with all the features we love about them, including, 6 inch hoop pine flooring, fret work, leadlight, gable and VJ's just to name a few. The house can be removed from the land.

Corinda is one of Brisbane?s most popular river suburbs, bound on its western edge by the Graceville/Sherwood part of the Brisbane River. The suburb is popular with families, large older-style homes and a quiet, leafy atmosphere. Parts of Corinda boast a scenic hilly area with views of Mt Cootha and the city skyline.

With its own disabled friendly railway station, Corinda?s residents have easy access to all of greater Brisbane via the Ipswich line, Redcliffe Train, Caboolture train, Brisbane train, PA hospital train and Springfield Line as Corinda Station is a major connecting station. Residents also have easy access to Indooroopilly Shopping Centre and the University of Queensland.

There is a thriving small business and commercial center on the eastern side of the railway line, including a Coles Supermarket in Corinda Village. There are also many local shops and cafes, a Tavern, post office and various medical professionals. The suburb has quite a few churches, two primary schools along with the popular St Aidan?s Anglican Girls School, sporting fields, golf driving range, a public swimming pool, boat club and many beautiful parks.

Best offers by 27 February 2024
For your private viewing please contact Ivo on 0412 301 439

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Property History for 5 Nelson St, Corinda, QLD 4075

A timeline of how this property has performed in the market
Last Sold
$1,550,000
27 Feb 2024
  • 28 Feb 2024
    Sold for $1,550,000
  • 31 Jan 2024
    Listed for Sale Not Disclosed
  • 17 Mar 2022
    Listed for Rent - Price not available
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About Corinda 4075

The size of Corinda is approximately 3 square kilometres. It has 17 parks covering nearly 20.4% of total area. The population of Corinda in 2011 was 4,695 people. By 2016 the population was 5,061 showing a population growth of 7.8% in the area during that time. The predominant age group in Corinda is 40-49 years. Households in Corinda are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Corinda work in a professional occupation. In 2011, 63.6% of the homes in Corinda were owner-occupied compared with 67.1% in 2016.

Corinda has 2,418 properties. Over the last 5 years, Houses in Corinda have seen a 72.78% increase in median value, while Units have seen a 62.22% increase. As at 28 February 2025:

  • The median value for Houses in Corinda is $1,355,746 while the median value for Units is $660,612.
  • Houses have a median rent of $720 while Units have a median rent of $550.
There are currently 16 properties listed for sale, and 6 properties listed for rent in Corinda on OnTheHouse. According to CoreLogic's data, 102 properties were sold in the past 12 months in Corinda.

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