Prime MDR Development Opportunity - 1,053m² in the Heart of Capalaba
Positioned on a prominent 1,053m² allotment, 289 Old Cleveland Road East, Capalaba occupies a highly strategic location within one of Redland City's most established growth precincts. Enjoying excellent exposure along a major arterial road, the property is within easy reach of Capalaba's major shopping centres, schools, medical facilities, public transport, and recreational amenities, while offering convenient access to the Brisbane CBD, Cleveland and the Gateway Motorway.
The property is zoned Medium Density Residential (MDR), presenting outstanding potential for future redevelopment or value-add opportunities (subject to Council approval). As demand for higher-density housing continues to increase across South East Queensland, the site's zoning positions it as an attractive prospect for developers, investors and land bankers seeking to capitalise on the area's ongoing growth.
Capalaba continues to benefit from sustained population growth, significant infrastructure investment and its role as the commercial and administrative hub of Redland City. The suburb's strong demographic profile, established amenity and improving transport connectivity continue to support long-term demand for residential development.
Further enhancing the property's appeal is its proximity to major infrastructure investment associated with the Brisbane 2032 Olympic and Paralympic Games. As South East Queensland prepares for the Games, substantial transport and connectivity upgrades across the region are expected to improve accessibility and stimulate economic activity, strengthening the long-term fundamentals of well-located development sites such as 289 Old Cleveland Road East.
Combining a sizeable landholding, desirable MDR zoning and a prime location within a rapidly evolving growth corridor, this property represents an exceptional opportunity to secure a site with significant future development potential.
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*All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries.
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