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11-14 Michelle Court, Cleveland, QLD 4163

  • 4 Bed
  • 1 Bath
  • 1garages

Sold

PROPOSED DEVELOPMENT SITE - MDR 1 CENTRAL CLEVELAND

4 BLOCKS IN ONE LINE ......BACKING ONTO DONALD SIMPSON PARK.

BUY ALL FOUR AS A PACKAGE (2907 SQUARE METRES IN TOTAL).

KEY FEATURES:

• Outstanding central Cleveland location

• On the doorstep of Redland City's highly desirable lifestyle and entertainment hub

• Flat level blocks zoned MDR 1

• All currently tenanted and generating an income

• Backing onto parkland

• Development potential for 5 story high rise or townhouse site (subject to council approval)

• Redland City overall building height 19m

CENTRAL CLEVELAND POSITION - WITH SO MANY OPTIONS

Walking distance to CBD, shopping centres, schools and day care facilities, sandy beaches and acres of park land, transport, the Harbour Precinct and a wide range of services and amenities.

Demolish and develop and take advantage of the booming conditions in the residential property market, add to your investment portfolio and land bank for the future or renovate and move in.

CAPITALISE ON THE INCREASING DEMAND FOR APARTMENT LIVING IN THE BAYSIDE.

THE AVAILABILITY OF QUALITY SITES IN THE HEART OF CLEVELAND ARE BECOMING EXTREMELY SCARCE - WE ENCOURAGE DEVELOPERS TO SEIZE THIS OPPORTUNITY!

CONTACT: SHANNA DALE 0424 182 732

JAN GOETZE 0418 885 523

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Property Info:
  • Property ID: L10840761
  • Property Type:House
  • Garages:1
  • Land Area:2907 sqm
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R&H Suburb Profile: Cleveland
R&H Suburb SummaryHouses
Number of sales260
Average Price$1,427,051
Median Price$1,095,000
Median Rental Price$700 p.w.
Change in Rental Rate (5yr)46 %
R&H Suburb SummaryUnits
Number of sales158
Average Price$792,625
Median Price$721,875
Median Rental Price$580 p.w.
Change in Rental Rate (5yr)49 %
Median Trend - $1,095,000
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