City View Coorparoo block with multiple development opportunities

38 Raby Road, Coorparoo QLD 4151 AUS

Property Details

Sold $2,200,000


The property is located on the eastern edge of Coorparoo adjoining Stones Corner over a single land parcel (Lot 147 on RP7116) with an area of 711m2. The sites strategic location in a medium rise residential area, offers a key infill opportunity close to commercial precincts including Coorparoo Junction Village Precinct, employment, and parkland.

Presenting one of Coorparoo’s rarest and most versatile opportunities, currently with an existing home, your options include landbanking, boutique unit, town home or small lot freehold development (STCA).

Development Approved boutique apartment project providing a luxury residential product in one of Brisbane’s lifestyle suburbs and seeks to establish a multiple dwelling comprising of three (3) residential levels with a communal rooftop terrace and semi basement carpark.

The development will include:
– eight boutique residential units with a mix of two and three-bed
– private open space areas for each unit with dual orientation
– a landscaped rooftop communal terrace with pool, terrace and privacy screens plus two apartments with private rooftop terraces
– deep in-ground planting areas across the street frontage and rear boundary
– new street tree plantings to improve the interface at pedestrian level
– a basement carpark with capacity for 16 resident and visitor spaces

Approvals also include:
– build over sewer – approved
– urban utilities – approved
– soil test completed

This is your opportunity to land bank or develop to take advantage of a blue chip development site and the future growth leading up to the 2023 Olympics. With the majority of Brisbane population ageing, this development design caters to owner occupiers looking for a boutique living arrangement close to absolutely everything.

Close by to Stones Corner precinct, multiple parks and playgrounds and 400m away from Stones Corner busway, making the area ideal for owner occupiers looking for lifestyle and convenience.

The site offers close proximity to public transport, including easy walking distance of
Langlands Park busway station, Coorparoo Station, Southeast Freeway Bikeway and the nearby Veloway 1 and Woolloongabba Bikeway. Coorparoo is located six kilometres south-east of the Brisbane GPO and boarders Camp Hill, Greenslopes, Stones Corner and East Brisbane. The suburb is serviced by two arterial roads (Old Cleveland Road and Logan Road) which provides residents with convenient access to high-frequency public transport. The Eastern Busway (identified as a public pedestrian transport facility under the State Planning Policy) is located on the suburbs western boundary with stations at Stones Corner and Langlands Park.

Enquire today for your information memorandum.

Images provided of renders are only artists impressions and should not be relied upon or used.

We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property Features
  • House
  • 4 bed
  • 1 bath
  • 2 Parking Spaces
  • Land is 711 m²
  • 2 Carport

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