277 Old Cleveland Road, Coorparoo, QLD 4151 sold on 18 August 2025 | OnTheHouse
SOLD
Sold on 18 Aug 2025 for $2,260,000

277 Old Cleveland Road
Coorparoo QLD 4151

Bedrooms: -
Bathrooms: -
Car spaces: 8
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Property Details for 277 Old Cleveland Rd, Coorparoo

Building Type
Commercial
Local Government
Brisbane
Lot/Plan
2/RP128041

Last Listing description (September 2025)

Truly unique freestanding medical/retail and office Investment opportunity

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.

Property History for 277 Old Cleveland Rd, Coorparoo, QLD 4151

A timeline of how this property has performed in the market
Last Sold
$2,260,000
18 Aug 2025
  • 18 Sep 2025
    Sold - Price Undisclosed
  • 15 Jul 2025
    Listed for Sale Expressions of Interest
  • 08 May 2018
    Listed for Rent - Price not available
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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 9,927 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:

  • 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.