** This Property is Currently Under Contract"
This is a rare development opportunity: Where else will you find a BCC Approved Sub-Division Development Opportunity only 5km from the Brisbane CBD zoned LMR? Currently as a 3 bedroom house on 672m, there is an existing approval to split the existing property into 2 lots (both over 330m) with 2 new houses constructed.
For those wanting the flexibility of developing into the future, the current dwelling is a desirable owner/occupier or rental property with three bedrooms, semi modern kitchen an abundance of floor and wall cupboards, wall oven and hot plate, double stainless steel sink, dining area, spacious lounge area, bathroom with separate bath and shower, laundry area, separate toilet, front balcony and a huge covered rear patio and two lock up garages located below.
Handy to Greenslopes Shopping Mall, Greenslopes Hospital and is within the Cavendish Road State High and Greenslopes State School catchment areas. Access to the M3 (SE freeway) and Veloway 1 (Bikeway) is only minutes away. Bus transport is also nearby on Logan Road.
Inspections by prior appointment only.
The size of Greenslopes is approximately 2.5 square kilometres. There are 11 parks, covering nearly 10.5% of the total area. The population of Greenslopes in 2016 was 8936 people. By 2021 the population was 7941 showing a population decline of 11.1% in the area during that time. The predominant age group in Greenslopes is 20-29 years. Households in Greenslopes are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Greenslopes work in a professional occupation.In 2021, 45.90% of the homes in Greenslopes were owner-occupied compared with 40.80% in 2016.
Greenslopes has 4,788 properties. Over the last 5 years, Houses in Greenslopes have seen a 64.71% increase in median value, while Units have seen a 113.63% increase. As at 30 April 2026:
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