Case Studies

838 Old Cleveland Road, Carina, Qld 4152

This site is located 8km from the Brisbane CBD, 1.6km to Westfield Carindale, 4km to the Gateway Motorway and 6km to the Pacific Motorway.

The property consists of a 3-bedroom, 1-bathroom house and a fully leased 590sqm* retail/commercial building leased to Carina Day Night Pharmacy, Australia Post and Carina News.

• 1,698m²* site zoned District Centre (DC1) & Low Medium Density Residential (LMDR 2 or 3 Storey Mix)
• 20 onsite car parks
• Future development options (subject to council approval)

Sales Analysis
Sale Price:$3,900,000
Sale Date:November 2017
Site Area:1,698m2*
Yield %:5%
Net Income:$1,97,323.67
Sale Process:Expression of Interest
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