Strategic Industrial Holding with Future Development Upside

RWC Bayside and Ray White Special Projects are pleased to present 284 Old Cleveland Road East, Capalaba to market For Sale by Expressions of Interest. This is opportunity to acquire a 1.4ha* property with an existing industrial complex and zoning that supports redevelopment of the site for residential townhouses.

Features include:
• Land area - 1.4190ha*
• Zoned 'Medium Density Residential'
• Improved with a multi-tenanted industrial building and significant hardstand
• Two street frontage to Old Cleveland Road and Brewer Street
• Four of the five tenancies are currently leased, with a fully let nett income estimate of $199,000* p.a.
• Close proximity to amenity - only 1km* from the Capalaba business precinct including Capalaba Central Shopping Centre and Capalaba Park Shopping Centre
• Only a 15 minute* drive to Cleveland and the Stradbroke Island Ferry Terminal, and a 10 minute* drive to Wellington Point Recreation Reserve
• Nearby to existing essential and lifestyle amenity including Capalaba Central (2km*), Alexandra Hills State High School (4km*), Alexandra Hills Shopping Centre (4.3km*), and the Redland Hospital (8.5km*)

Expressions of Interest close Thursday 4 June 2026, 4pm.

For more information please contact the exclusive agents from RWC Bayside or Ray White Special Projects.

* Approximately

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