48 Pittwin Rd S, Capalaba is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 787m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in June 2002.
An extra-wide 787sqm block, zoned medium-density with a three-bed, two-bath residence and a detached, fully self-contained second dwelling as a huge extra bonus - Granny Flat Consisting one bed, one bathroom, kitchen and living area. This one's got opportunity written all over it.
A short, flat stroll to Capalaba Central, and only 650m to Capalaba Park shopping centre, this is an extremely unique dual-key investment, land bank, or redevelopment prospect, which can only benefit from the exciting new mix of commercial, entertainment, and communal spaces planned for Capalaba's $250m dollar town centre redevelopment project.
Approach it as a potential goldmine and lease both homes individually, explore live-in lease-out options, or sit on a rock-solid income stream as plans for your project unfold, with this particular zoning opening up potential to demolish and make way for a multi-dwelling complex up to 13 metres in height (STCA).
Popular with young couples, retirees, and families of all ages, this is a suburb that attracts serious attention for its centrality to the Brisbane CBD and coastline. Steps from grocers, major retailers, cinemas, bus links, gyms, and parks, this address places all the daily essentials nearby, while also offering super-quick access to the Wynnum/Manly foreshore, Stradbroke and Moreton Island ferries, and leafy nature trails. Also moments from Sleeman Sports, Sirromet Winery, and Howeston Golf Course, it's also got dining options nearby to cater to every craving, with an impressive local selection including one of the nation's top-voted fish and chip restaurants.
Highlights:
Invest, live-in lease-out, or redevelop (STCA)
787sqm parcel, extra wide 33.5m frontage x 23.6 deep (approx.)
Medium Density Residential zone; scope for multiple dwellings, up to 13m height (STCA)
Excellent separation between both homes, allowing them to be leased individually
Three bed, two bath residence with secure garaging
Separate, fully-fenced self-contained second dwelling one bed, one bathroom, kitchen and living area.
3-bed home appraised at $625-675p/week
Second dwelling appraised at $450-500p/week
Combined rental income appraised from $1,075 - $1,175 p/week
Short, level stroll to Capalaba Park, Capalaba Central & $250m town centre redevelopment
Disclaimer:
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 website functionality purposes.
Disclaimer:
We have in preparing this advertisement used our best endeavors to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained herein. All information is provided as a convenience to clients.
The size of Capalaba is approximately 18.7 square kilometres. It has 42 parks covering nearly 11.2% of total area. The population of Capalaba in 2016 was 17333 people. By 2021 the population was 18002 showing a population growth of 3.9% in the area during that time. The predominant age group in Capalaba is 30-39 years. Households in Capalaba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Capalaba work in a trades occupation.In 2021, 72.30% of the homes in Capalaba were owner-occupied compared with 71.40% in 2016.
Capalaba has 8,684 properties. Over the last 5 years, Houses in Capalaba have seen a 96.59% increase in median value, while Units have seen a 125.74% increase. As at 31 March 2026:
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