11 Yarrow Court, Cleveland, QLD 4163

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Sold

Sold for $700,000 (Jun 28, 2021)

CENTRAL CLEVELAND - PRIME DEVELOPMENT OPPORTUNITY!!!

2 BLOCKSBUY 1 OR BUY THEM BOTH!

DEVELOP….RENT THEM OUT….OR RENOVATE.

POTENTIAL PLUS……THIS IS AN AWESOME OPPORTUNITY FOR A DEVELOPER, INVESTOR OR SOMEONE LOOKING TO ADD TO THEIR PROPERTY PORTFOLIO.

Two blocks being offered for sale for the first time in 20 years – No 11 (804m2) & No 13 (807m2) Yarrow Court, Cleveland, zoned MEDIUM DENSITY RESIDENTIAL.

Located right on the doorstep of Cleveland CBD, Cleveland Primary and State High Schools, childcare facilities, major shops, transport and the many and varied services and amenities available.

Property features:

• 2 blocks on offer with a combined total land area of 1,611 square metres

• Development potential for 11 townhouses

• Already proven developments in the street

• Both level flat blocks

• Habitat corridor to the rear (backs onto Donald Simpson park)

The existing 3 bedroom low set brick and tile houses were built in the 70’s and are in their original state. Rent them out and land bank for future development or demolish, build townhouses/units and realise some capital growth.

The market is experiencing a huge surge in demand for properties at the present time.

Both first home buyers and buyers looking for low maintenance lifestyle properties are out in force…SO SNOOZE YOU’LL LOOSE!!!

CONTACT: JAN GOETZE 0418 885 523

SHANNA DALE 0424 182 732

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Sales Consultant
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Property Info:
  • Property ID: L9457891
  • Property Type: House
  • Garages: 1
  • Land Area: 804.0 sqm
We Know Your Area
R&H Suburb Profile: Cleveland

R&H Suburb Summary Houses
Number of sales 369
Average Price $1,017,406
Median Price $723,000
Median Rental Price $550 p.w.
Change in Rental Rate (5yr) 18 %
R&H Suburb Summary Units
Number of sales 252
Average Price $511,442
Median Price $445,000
Median Rental Price $440 p.w.
Change in Rental Rate (5yr) 11 %
Cleveland, QLD - Median Trend
$723,000