21 Cambridge Dr, Alexandra Hills is a 3 bedroom, 1 bathroom House with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2025.
A dream development opportunity in a prime position within proximity to everything, this 813sqm allotment features DA Approval for 4x brand-new two-level townhouses.
Ready to transform, this modern multi-dwelling development will see each residence feature private courtyards, three bedrooms, two bathrooms, two-car parking via a garage and carport, and access to visitor parking at the rear. The land is elevated and maximises the potential for the new development to capture the sweeping views and bay breezes.
Featuring an existing neat and tidy three-bedroom, single-level brick home standing on the block, the property offers liveability or rental potential while you finalise the redevelopment plans.
With rental appraisals for each new residence up to approx $775 per week, the resulting townhouses can be held as long-term investments or sold to create high-profit returns.
Property features include:
- Development opportunity on 813sqm with 19.5m frontage
- DA Approval for 4x brand-new 2-level townhouses
- Each townhouse will feature 3-bed, 2-bath, 2-car parking and a courtyard
- Rental appraisal for each townhouse is up to approx $775 per week
- Existing low-set 3-bedroom brick house on the property
Offering an exceptional opportunity in a prime position, this location could not be better. Alexandra Hills Shopping Centre is only 450m away, and you can access Capalaba Park and Capalaba Central shopping complexes in minutes. Buses are available on Cambridge Drive or nearby Finucane Road, and you can easily access the M1 for fast travel.
Children are within the Vienna Woods State School and Alexandra Hills State High School catchments, and families are in close proximity to St Anthony's Primary School, Redlands College, Sheldon College, Ormiston College, TAFE campus and Redlands Hospital. In an area renowned for its remarkable recreation space, the foreshores at Cleveland, Ormiston and Wellington Point are moments away for boating, fishing and days spent relaxing by the water. Beautiful parks and reserves are nearby for playtime with kids and wildlife spotting, and you can venture minutes away to Howeston Golf Course and Sirromet Winery.
Disclaimer: Whilst every care is taken in the preparation of the information contained in this marketing, Torres Property will not be held liable for any errors in typing or information. All interested parties should rely upon their own enquiries in order to determine whether or not this information is in fact accurate.
The size of Alexandra Hills is approximately 13.7 square kilometres. There are 44 parks, covering nearly 15.9% of the 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 6,664 properties. Over the last 5 years, Houses in Alexandra Hills have seen a 97.01% increase in median value, while Units have seen a 116.63% increase. As at 31 May 2026:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.