148 Finucane RoadAlexandra Hills QLD 4161
Property Details for 148 Finucane Rd, Alexandra Hills
148 Finucane Rd, Alexandra Hills is a 7 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 2023m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 7 bedroom House sold in Alexandra Hills in the last 12 months.
Last Listing description (December 2025)
An exceptional opportunity awaits the savvy developer or investor to secure this prime site in the highly desirable suburb of Alexandra Hills, complete with valuable Development Approval (DA) for a significant project.
Key Highlights of the Offering:
Development Ready: The approved plans are for a multi-level apartment complex, comprising 32 x 2-bedroom apartments and 4 x 1-bedroom apartments.
Holding Income: Benefit from immediate income with the property currently leased for a combination of $1,400 per week. The tenants are motivated to remain past their current lease expiry date of February 2026.
Dual Street Access Potential: The property is situated between Finucane Road and St Anthony Drive, offering potential for design flexibility and dual access points.
Existing Dwelling Features (Providing Strong Holding Income)
The property currently features a spacious dwelling split over two levels, ideal for rental income:
Downstairs features include:
• 4 generous bedrooms
• 1 well-appointed bathroom
• Kitchen
• Spacious living and dining area
• Large outdoor entertaining area
• Stunning salt water pool
Upstairs you'll find:
• 3 bedrooms
• 2 bathrooms
• Open-plan Kitchen, Living & Dining
• Outdoor entertaining area
• Convenient location close to schools, shops, transport, and parks.
Alternative Development Options (Subject to Council Approval):
While the existing DA is in place, the site's strategic location and size offer alternatives for future development (Subject to Redland City Council approval):
Retain the existing dwelling and construct villas, townhouses, or multi-level apartments.
Explore new designs leveraging the dual street frontage with access to St Anthony Drive.
This is a firm sale. The sellers are committed to selling and will be guided by the market.
Don't miss the chance to capitalize on this rare opportunity to acquire a development-approved site with a strong holding income.
Contact us today for the full information package, including the approved plans and leasing details.
Property History for 148 Finucane Rd, Alexandra Hills, QLD 4161
- 24 Dec 2025Sold for $2,100,000
- 02 Jul 2025Listed for Sale EXPRESSIONS OF INTEREST!
- 13 Feb 2025Sold for $3,900,000
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About Alexandra Hills 4161
The size of Alexandra Hills is approximately 13.7 square kilometres. It has 44 parks covering nearly 15.9% of total area. The population of Alexandra Hills in 2016 was 16254 people. By 2021 the population was 16472 showing a population growth of 1.3% in the area during that time. The predominant age group in Alexandra Hills is 30-39 years. Households in Alexandra Hills are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Alexandra Hills work in a trades occupation.In 2021, 75.80% of the homes in Alexandra Hills were owner-occupied compared with 75.20% in 2016.
Alexandra Hills has 6,658 properties. Over the last 5 years, Houses in Alexandra Hills have seen a 102.61% increase in median value, while Units have seen a 106.65% increase. As at 31 January 2026:
- The median value for Houses in Alexandra Hills is $1,038,186 while the median value for Units is $739,007.
- Houses have a median rent of $680 while Units have a median rent of $520.
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