RWC Milton are proud to present 277 Old Cleveland Road, Coorparoo. This unique mixed-use investment occupies a prominent corner site in one of Brisbane's most tightly held urban precincts.
For sale via Expressions of Interest Campaign, closing on the 14th of August 2025 at 4 pm (AEST).
Property Features include:
A 244 sqm* freestanding two-storey building.
Mixed tenants, Medical and retail, currently five tenants in total.
Positioned on a corner 334sqm* site
8 tandem car parks are located at the rear of the site.
Zoned MU3 Mixed Use (Corridor)
Location Features include:
42,000* cars daily pass the site
Located in the heart of Coorparoo's business district on Old Cleveland Road
The building is located 755m or an 8-minute walk to the Coorparoo station and only 5.5 km or 12 minutes' drive to the CBD
As of the 2021 census, Coorparoo has a population of 18,132* people.
Investment Features:
Current net rental of $136,428.62 (fully tenanted after unit 4 vacancy)*
WALE is 2.32 years*
Small 20sqm* vacancy rental upside (unit 4) in mid-July 2025 (currently leased until 18/07/2025
Highly exposed site in an extremely well-sought-after location.
Rarely available freestanding commercial investment
Please contact exclusive agents for further information.
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 9,927 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:
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