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Capitalise on this strategic Capalaba development opportunity prominently located next to the future 2032 Olympics Whitewater Venue.
Secure your early advantage in 4 adjoining sites at:
• 282 Old Cleveland Road East
• 8 Lyre Street
• 10 Lyre Street
• 12 Lyre Street.
These properties offer substantial development potential in South East Queensland and sit within the Jones Road Local Area Plan, a 21-hectare precinct in Capalaba that offers easy access to public transport, employment and shopping, making it an "ideal location for higher-density housing and new retail and commercial spaces*"
Key features of the amalgamated sites:
• 6,425 sqm** in total, comprising 4 separate titles
• Two street frontages : 30.2 metres** on Old Cleveland Road East and 81.3 metres** on Lyre St for ease of construction
• Upside Potential: zoned Medium Density Residential with higher building heights currently being assessed***
• Intrinsic Value: all 4 sites have owner-occupied houses that could provide holding income
These properties are offered for sale via Expressions of Interest through exclusive marketing agents Wayne Hoskin and Kim McRae, the Redlands Coast Property Development Solutions team at RWC CSR. Contact Wayne and Kim for more information on the site and a deeper analysis of Capalaba and Redlands Coast.
* Redland City Council Vision for the Future, March 2025
** approximately
*** as per public consultation
Remember to mention you found this property on DevelopmentReady
Capitalise on this strategic Capalaba development opportunity prominently located next to the future 2032 Olympics Whitewater Venue.
Secure your early advantage in 4 adjoining sites at:
• 282 Old Cleveland Road East
• 8 Lyre Street
• 10 Lyre Street
• 12 Lyre Street.
These properties offer substantial development potential in South East Queensland and sit within the Jones Road Local Area Plan, a 21-hectare precinct in Capalaba that offers easy access to public transport, employment and shopping, making it an "ideal location for higher-density housing and new retail and commercial spaces*"
Key features of the amalgamated sites:
• 6,425 sqm** in total, comprising 4 separate titles
• Two street frontages : 30.2 metres** on Old Cleveland Road East and 81.3 metres** on Lyre St for ease of construction
• Upside Potential: zoned Medium Density Residential with higher building heights currently being assessed***
• Intrinsic Value: all 4 sites have owner-occupied houses that could provide holding income
These properties are offered for sale via Expressions of Interest through exclusive marketing agents Wayne Hoskin and Kim McRae, the Redlands Coast Property Development Solutions team at RWC CSR. Contact Wayne and Kim for more information on the site and a deeper analysis of Capalaba and Redlands Coast.
* Redland City Council Vision for the Future, March 2025
** approximately
*** as per public consultation
Remember to mention you found this property on DevelopmentReady
