264 Old Cleveland Road, Coorparoo, QLD 4151 | Property Value & History | OnTheHouse
OFF MARKET

264 Old Cleveland Road
Coorparoo QLD 4151

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 54m2
Land area: 952m2
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Property Details for 264 Old Cleveland Rd, Coorparoo

Building Type
Commercial
Year Built
2015
Floor Size
54m2
Land Size
952m2
Local Government
Brisbane
Lot/Plan
100/SP302394

Last Listing description (April 2023)

JLL is privileged to present the extraordinary opportunity to purchase Coorparoo Square, an iconic retail asset underpinned by exceptional investment fundamentals in Brisbane's prestigious inner east.

Coorparoo Square is being offered for sale by an Expressions of Interest process closing at 12.00pm (AEST) Tuesday, 5 th July 2022.


Investment Highlights

Absolute Income Security
96% occupied, with a fully leased net income of $3.9 million and a highly attractive 6-year WALE^^

Convenience Retail
66% of income underpinned by ALDI, service retail and Brisbane's most sought after food & beverage operators^^

A High Performing Centre
Low average specialty occupancy cost of 12.13% provides for significant future income growth^^

Prestigious Location
Located 4.5 km* from the Brisbane CBD, servicing a total trade area of 521,940**

Recognised Award Winner
Recently constructed in 2017 and awarded the Liberty Award for Best Mixed-Use Development***

A Quality Built Centre
Developed and managed by international renowned Frasers Property Australia

Resetting Sustainability
One of Australia's most sustainable shopping centres, achieving a 5-star NABERS Energy rating

Positioned for Growth
Set to capitalise on over 5,400 units planned for development within its total trade area**

^By income
^^Estimated as at October 2021
*Approximately
**LocationIQ Report May 22
***2019 Property Council and Rider Levett Bucknall Innovation & Excellence Awards

To obtain further information or to arrange an inspection, please contact the exclusive selling agents at JLL.

Sam Hatcher
0409 899 691

Jacob Swan
0402 704 896

Nick Willis
0409 595 803

MingXuan Li
0498 688 998

Property History for 264 Old Cleveland Rd, Coorparoo, QLD 4151

A timeline of how this property has performed in the market
  • 02 Jun 2022
    Listed for Sale Contact agents
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About 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.
There are currently 17 properties listed for sale, and 29 properties listed for rent in Coorparoo on OnTheHouse. According to Cotality's data, 432 properties were sold in the past 12 months in Coorparoo.

Suburb Insights for Coorparoo 4151

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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.