Positioned in one of Underwood's most convenient and highly sought-after pockets, 19 Caloma Street presents an exceptional opportunity for developers, investors, renovators, and land bankers alike. Offering outstanding potential for low–medium density residential development (subject to council approval), this substantial site lends itself perfectly to future townhouse, duplex, or multi-unit projects in a location experiencing strong ongoing demand.
Whether you're looking to develop immediately or secure a valuable parcel of land for future growth, the possibilities here are extensive. The existing residence offers comfortable and spacious living, providing the flexibility to renovate, modernise, lease out, or occupy while exploring future development opportunities. Outside, a generous covered entertaining area overlooks a wide, level backyard, creating an ideal space for family gatherings while also offering excellent scope for future site utilisation.
Why You'll Love This Opportunity:
• Exceptional low–medium density development potential (STCA)
• Generous landholding in a tightly held Underwood location
• Existing home with renovation and value-add potential
• Wide, level backyard offering flexibility for future plans
• Ideal for developers, investors, builders, and land bankers
• Strong demand location with excellent surrounding infrastructure
Prime Location:
• Minutes to Underwood Marketplace and surrounding retail precincts
• Close to quality public and private schools, childcare centres, and local amenities
• Less than 25 minutes to Brisbane CBD
• Under 10 minutes to Westfield Mt Gravatt
• Easy access to the M1, M3, Pacific Motorway and Gateway Motorway
• Convenient public transport options including nearby bus services and busway connections
• Close to parks, sporting facilities, cafes, and recreational amenities
Enjoy the convenience of a central location that provides seamless connectivity to Brisbane CBD, the Gold Coast, and Brisbane Airport. School catchments include Eight Mile Plains State School and Rochedale State High School, while respected private education options such as Redeemer Lutheran College are also within easy reach.
Opportunities of this calibre are becoming increasingly rare. Whether you're seeking your next development project, a strategic investment, or a property with exceptional future upside, 19 Caloma Street represents a compelling opportunity in one of Brisbane's most accessible growth corridors.
DISCLAIMER: In preparing this information, we have used our best endeavours to ensure that the information contained herein is true and accurate; however, we accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own enquiries to verify the information contained herein.
This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for functionality purposes only.
