275 Cavendish Road, Coorparoo QLD 4151

Vacant inner-city lot | conflicting land size records | no overlays | last sold 1975 This property presents a rare, unencumbered development opportunity in a high-demand suburb, underscored by its long-held ownership and absence of bushfire or flood constraints. The core appeal is the potential to build a new house on a central block within established school catchments, serving a buyer seeking to create immediate equity through construction or secure a future family home site in a tightly held location. Proceed with extreme due diligence on the definitive lot size and legal description, as conflicting data introduces material title risk that could undermine development feasibility. The commercial logic rests on securing the land at a price that accommodates a worst-case scenario of ~360m², with the adjacent larger lot sale providing a useful benchmark. Acquire only for a controlled build-hold strategy, as the speculative land bank play carries excessive risk given the information discrepancies.