9 Cadwallon Court, Carindale

DA Approved: Endless Possibilities

Vacant land in Carindale is almost impossible to find. A DA-approved subdivision in a quiet court, with a tenanted family home already on it, is rarer still.

9 Cadwallon Court gives you a choice of plays from one purchase. You can collect rent while you plan, build two new homes, or build your dream home on one lot and sell the other to help pay for it. Builders, developers, investors and owner-occupiers will all find value here, and that kind of buyer appeal is hard to find in this market.

THE APPROVAL

The site has development approval to subdivide into two separate lots:
• Lot 1: 527m²
• Lot 2: 427m²

The approval is already in place, which saves you the time, cost and uncertainty of the DA process. Most of the hardest work is done.

THE HOME (CURRENTLY TENANTED)

The block holds a solid lowset brick home with room for the whole family:
• 5 bedrooms
• 2 bathrooms
• 2 car accommodation
• Low-maintenance brick construction
• Currently tenanted at $775.00 until 21.01.2027, so income starts from day one

THE OPPORTUNITIES

1. Build your dream home and sell one lot off
Build on the lot that suits you and sell the second. The sale of that lot can take a large bite out of your land cost, and you end up in a brand-new home in one of Brisbane's most established family suburbs for far less than buying new would cost.

2. Develop and sell

Build two quality new homes and sell both. New homes on manageable blocks are in strong demand from families and downsizers who want Carindale without the upkeep of a big yard.

3. Develop and hold
Build two homes and keep them both. You get two rental incomes, two titles and two assets in a tightly held suburb. That's a strong long-term wealth play.

4. Land bank with income
Not ready to build yet? Keep the tenant in place and let the rent help cover your holding costs while the land works for you. In a suburb with almost no new land supply, time is on your side.

THE LOCATION

Carindale is one of Brisbane's most sought-after eastern suburbs, valued for its family feel, its leafy established streets and its convenience. Cadwallon Court is a quiet, family-friendly court, and you have everything you need close by:

• Shopping & dining: Minutes to Westfield Carindale, one of Brisbane's largest shopping centres, with major supermarkets, department stores, restaurants and a cinema
• Schools: Close to a wide choice of well-regarded state and private schools. Confirm catchments at [school names / education.qld.gov.au]
• Parks & recreation: Near Carindale Recreation Reserve, the Bulimba Creek bikeways and plenty of green space for walking, riding and weekend sport
• Transport: Easy access to the Eastern Busway and Old Cleveland Road, with quick connections to the Gateway Motorway, the airport, the Brisbane CBD and the Gold Coast
• Lifestyle: Close to the cafes and bayside lifestyle of the eastern suburbs, with the CBD an easy commute away

WHY THIS ONE MATTERS

Carindale is a fully established suburb. New land here doesn't get created; it gets unlocked, one approval at a time. Sites with a DA already approved, in a quiet court and this close to Westfield and the busway, rarely come up. When they do, builders, developers and owner-occupiers chase them hard.
Whether you want a family home, a development project or a long-term investment, this site lets you do it your way.

Key features at a glance:
• DA-approved two-lot subdivision
• Lot 1: 527m² | Lot 2: 427m²
• Lowset brick home with 5 bedrooms, 2 bathrooms and 2 car spaces
• Currently tenanted, so income starts on day one
• Quiet court location in the heart of Carindale
• Minutes to Westfield Carindale, schools, parks and the busway
• Very rare land offering in Carindale and the surrounding suburbs
• Suits builders, developers, investors and owner-occupiers

Opportunities like this don't last. Call Damian Cochrane on 0425 210 685 to request the DA documents, plans and tenancy details, or to book your inspection.

Disclaimer: Whilst every care is taken in the preparation of the information contained in this marketing, Torres Property will not be held liable for any errors in typing or information. All interested parties should rely upon their own enquiries in order to determine whether or not this information is in fact accurate.