38 Raby Road
Coorparoo, QLD 4151

Overview

Rare DA-Approved Development Opportunity

Located on the eastern edge of Coorparoo, adjacent to Stones Corner, this 711 square meter site presents a rare opportunity for inner-city infill development just 15 minutes from Brisbane's central business district. The property benefits from development approval (DA) for either a boutique apartment complex or six townhouses, offering flexibility for developers to choose based on market demand.

The approved boutique apartment design includes eight modern two and three-bedroom apartments spread over three residential levels. A semi-basement car park accommodates 16 resident and visitor parking spaces. The apartments feature dual-aspect layouts that provide private open spaces, enhancing natural light and ventilation. Residents will also enjoy access to a communal rooftop terrace equipped with a swimming pool and entertaining area, perfect for social gatherings and relaxation.

Two of the apartments boast private rooftop terraces, adding an exclusive outdoor living option. The development is complemented by deep landscaping and new street tree plantings, which enhance the streetscape and contribute to the area's aesthetic appeal. Alternatively, the DA approval for six townhouses offers a development pathway catering to the strong owner-occupier market, providing a more traditional housing option.

The site is ideally positioned within a vibrant lifestyle and convenience hub. Nearby is the Coorparoo Junction Village retail and dining precinct, offering a variety of shops and eateries. Public transport options are within walking distance, including the Stones Corner Busway approximately 400 meters away, Langlands Park Busway, and Coorparoo railway station, facilitating easy access to the wider Brisbane area.

Cyclists will appreciate proximity to Veloway 1, Woolloongabba, and Southeast Freeway bikeways, promoting active transport options. The neighborhood also features multiple parks and playgrounds, providing recreational spaces for families and individuals. Excellent road access is available via Old Cleveland and Logan Roads, ensuring convenient connectivity for motorists.

This property represents a rare chance for residential and boutique developers or investors seeking a land bank with development approval upside. Situated in a premium inner-south Brisbane suburb, it offers strong lifestyle appeal and excellent transport connectivity, making it a highly desirable location for future development projects.

Location