3-5 Gregory St, Capalaba is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1639m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 3 bedroom House sold in Capalaba in the last 12 months.
Presenting a rare and exciting opportunity in the heart of Capalaba 3�5 Gregory Street offers a substantial 1,639m� allotment with exceptional potential for subdivision or townhouse development (STCA).
This level, double-lot site is perfectly suited for developers or investors seeking their next project in a high-demand, fast-growing suburb. The generous land size, combined with a wide frontage and convenient location, opens the door for a variety of development options, subject to council approval.
The existing residence is spacious and versatile, featuring:
� 3 bedrooms upstairs
� Open-plan living and kitchen
� Downstairs includes a secondary living area, 2 additional rooms, and a separate toilet � ideal for extended family or dual living potential
Location Highlights:
� Walking distance to Ney Road Shops, Capalaba Central & Capalaba Park Shopping Centres
� Close to schools, parks, and public transport
� Easy access to Brisbane CBD, the Bayside, and major arterials
Whether you're looking to develop now or landbank for future growth, this property is a solid investment in one of Redlands' most promising locations.
Contact Ming today to discuss this rare opportunity or arrange your private inspection.
DISCLAIMER: In preparing this information, we have used our best endeavours to ensure that the information contained therein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein. All information contained by Ming Properties 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 8,644 properties. Over the last 5 years, Houses in Capalaba have seen a 94.71% increase in median value, while Units have seen a 109.27% increase. As at 30 November 2025:
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