Offers over $1.1495m
13 Arcadia Street
Capalaba, QLD 4157
- 4 beds
- 3 baths
- 1 car space
- 751 m² land
- 159 m² floor
DA Approved Development Opportunity with Immediate Holding Income
Positioned on a generous 751m² Medium Density Residential allotment, this is a rare opportunity to secure a DA-approved site for six one-bedroom apartments in one of Capalaba's most convenient growth locations. Whether you're an experienced developer looking for your next project, an investor seeking immediate returns with future upside, or you're looking to landbank for the future, 13 Arcadia Street offers the ideal combination of approved development potential and immediate cash flow.
The existing residence is currently leased until June 2027, returning $775 per week, providing valuable holding income while obtaining Building Approval, finalising construction documentation and preparing for your next stage of development.
Property Highlights · DA approval for 6 x one-bedroom apartment complex · 751m² Medium Density Residential site · Existing four-bedroom residence currently leased until June 2027 · Strong rental return of $775 per week · Secure holding income while progressing to Building Approval and construction · Predominantly level allotment with excellent access · Rare opportunity to acquire a development-ready site in an established residential precinct Lifestyle & Location Perfectly positioned in the heart of Capalaba, the property is within easy reach of major shopping, transport and lifestyle amenities, including:
· Capalaba Central Shopping Centre · Capalaba Park Shopping Centre · Moreton Bay TAFE · Capalaba Bus Station with direct services to Brisbane CBD and surrounding suburbs · Medical precincts and allied health services · Cafés, restaurants and everyday conveniences · Parks, sporting facilities and recreational reserves Commuting is effortless, with Brisbane CBD approximately 30 minutes away, Brisbane Airport within around 25-30 minutes via the Gateway Motorway, and the beautiful foreshores of Cleveland and Moreton Bay only a short drive away.
Education Located within the catchment for: · Birkdale South State School · Alexandra Hills State High School The property also enjoys close proximity to a range of childcare centres, St Anthony's Primary School, Sheldon College, Ormiston College and TAFE Queensland's Capalaba campus. Development opportunities of this calibre are becoming increasingly difficult to secure. Combining an existing income stream, Development Approval already in place and a highly convenient location, this is a property that offers both immediate returns and exceptional long-term potential.
Whether you're ready to commence construction immediately or strategically hold the site for the future, this is an outstanding opportunity to secure your next project. Added 23 July, 2026 Property ID: #L41601921 Show More
Features
- air conditioning
- solar
- balcony
- pet friendly
More homes in Capalaba
HarcourtsAcreageOffers over 2M Considered
17 Tipuana Drive
Capalaba, QLD 4157
- bedrooms:4
- bathrooms:2
- car spaces:4
- land:6,001 m²
Listed by Harcourts Property Centre Birkdale
HarcourtsTownhouseOffers over $787,000!!!
52/63-67 Bowen Street
Capalaba, QLD 4157
- bedrooms:3
- bathrooms:2
- car spaces:1
Listed by Harcourts
HarcourtsUnitOffers over $850,000 Considered
10/3 Grange Court
Capalaba, QLD 4157
- bedrooms:3
- bathrooms:2
- car spaces:1
- land:132 m²
Listed by Harcourts Property Centre Birkdale
HarcourtsHouseOffers over $1,099,000
13 Saturn Street
Capalaba, QLD 4157
- bedrooms:3
- bathrooms:2
- car spaces:7
- land:710 m²
Listed by Harcourts Solutions