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Strategically located next to the 2032 Olympics Whitewater Venue and close to Capalaba Central, secure this significant development opportunity of 4 adjoining sites in Capalaba QLD 4157 at:
• 282 Old Cleveland Road East
• 8 Lyre Street
• 10 Lyre Street
• 12 Lyre Street.
These properties sit within the Jones Road Local Area Plan, a 21-hectare visually prominent precinct 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 proposed*** by council
• 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
Strategically located next to the 2032 Olympics Whitewater Venue and close to Capalaba Central, secure this significant development opportunity of 4 adjoining sites in Capalaba QLD 4157 at:
• 282 Old Cleveland Road East
• 8 Lyre Street
• 10 Lyre Street
• 12 Lyre Street.
These properties sit within the Jones Road Local Area Plan, a 21-hectare visually prominent precinct 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 proposed*** by council
• 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
