197 Old Cleveland RoadCoorparoo QLD 4151
Property Details for 197 Old Cleveland Rd, Coorparoo
Last Listing description (January 2022)
Accelerate Property Group is pleased to present one of Brisbane's best inner city owner occupier, investor or redevelopment opportunities.
Highlights of the opportunity:
- Massive exposure with 34,000 plus vehicles passing daily
- 718sqm corner site with signaled intersection
- Three (3) street frontage
- Located approx. 4km from Brisbane's CBD
- Zoned LMR2 Low-medium Density Residential
- Current holding income
- Strong growth corridor
197 Old Cleveland Road has operated as a car sales yard for over 70 years and is currently operating as Empire Motors. This exclusive opportunity offers an astute owner occupier or value add investor/developer (STCA) the ability to acquire a high exposure premium corner holding on a signalised intersection with exposure to in excess of 34,000 cars per day.
The 718m2 site enjoys three (3) street frontage to Old Cleveland Road, Nicklin Street and Pembroke Road and comprises a small sales office/ reception area together with a sealed car display area.
Please contact the exclusive agents to arrange an inspection of this not to be missed opportunity.
* Whilst every care has been taken in the preparation of this advertisement, it is for guidance only. This owner and its agents make no warranty or representation as the accuracy, reliability, currency, or completeness of the information herein contained. Illustrations, diagrams, and photographs are for presentation purposes only.
Property History for 197 Old Cleveland Rd, Coorparoo, QLD 4151
- 03 Nov 2021Sold for $1,115,000
- 27 Sep 2021Listed for Sale For Sale
- 10 Jun 2011Listed for Rent - Price not available
Recent sales nearby
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0About Coorparoo 4151
The size of Coorparoo is approximately 5.4 square kilometres. It has 31 parks covering nearly 10.1% of total area. The population of Coorparoo in 2016 was 16282 people. By 2021 the population was 18132 showing a population growth of 11.4% in the area during that time. The predominant age group in Coorparoo is 20-29 years. Households in Coorparoo are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coorparoo work in a professional occupation.In 2021, 52.30% of the homes in Coorparoo were owner-occupied compared with 52.10% in 2016.
Coorparoo has 9,928 properties. Over the last 5 years, Houses in Coorparoo have seen a 87.35% increase in median value, while Units have seen a 114.57% increase. As at 31 December 2025:
- The median value for Houses in Coorparoo is $1,817,979 while the median value for Units is $852,970.
- Houses have a median rent of $650 while Units have a median rent of $620.
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