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515 Musgrave Road, Coopers Plains$1.23m
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515 Musgrave Road

Coopers Plains, QLD 4108, Australia
$1.23m
4 bed 1 bath 3 car630 m²

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About this property

In a market where space is the ultimate luxury, 515 Musgrave Road offers a significant opportunity for the strategic buyer. This property features a substantial 630sqm of perfectly level land with a commanding frontage of approximately 15 meters. These dimensions provide the ideal footprint to design and construct a landmark luxury residence tailored to your exact standards, with ample room for a pool, expansive outdoor entertaining, or a multi-car garage. Level allotments of this scale in such a central location are becoming increasingly rare, making this an essential acquisition for those looking to build or secure a high-growth asset. While the long-term value lies in the land, the existing residence is an honest, well-maintained home that serves as a reliable income-producing asset. It is in excellent condition to be lived in immediately or leased out while you finalize your architectural plans. The home features four well-proportioned bedrooms, all of which are equipped with built-in wardrobes and ceiling fans, ensuring comfort and practical storage. Throughout the home, polished timber flooring provides a clean, low-maintenance, and hypoallergenic finish that appeals to both families and high-end tenants. With multiple living areas, the floor plan offers the rare spatial flexibility needed for a growing family or for professionals who require a dedicated home office. The neat and tidy condition of the home allows you to hit the rental market instantly. Given the location, you can expect strong interest to help offset holding costs while the land appreciates. Property Highlights • Premium Land Opportunity: Substantial 630sqm of perfectly level land, offering a rare and expansive canvas for a grand luxury residence. • Impressive Frontage: A commanding frontage of approximately 15 meters, providing the ideal width for modern architectural designs and double-garage homes. • Elite School Catchment: Located within the highly coveted Robertson State School Catchment (approx. 800m walk), a "golden ticket" for long-term capital growth and family appeal. • Strategic Medical & Academic Hub: Ideally positioned moments from QEII Jubilee Hospital and Griffith University (Nathan Campus), ensuring a consistent stream of high-income professional tenants (doctors, nurses, and academics). • Spacious 4-Bedroom Layout: A solid, well-maintained residence featuring four generous bedrooms, all equipped with built-in wardrobes and ceiling fans. • Versatile Living Zones: Designed with multiple living areas, providing the essential spatial separation required for modern families or home-office configurations. • Timeless Finishes: Beautifully polished timber flooring throughout, offering a clean, low-maintenance, and hypoallergenic living environment. • Immediate Rental Income: The neat and functional condition of the home allows for immediate occupancy or leasing, helping to offset holding costs while you plan your future build. • Unrivaled Connectivity: Easy access to Sunnybank's vibrant dining and retail precincts, major transport interchanges, and the M3 for a direct commute to Brisbane CBD. This property represents a "low-risk, high-reward" investment. It offers the security of a solid, 4-bedroom home with multiple living zones, combined with the massive upside of a large, flat 630sqm allotment. Whether you choose to move in and enjoy the convenience of the Robertson catchment, or lease it out and capitalize on the professional tenant pool from the nearby hospital and university, this is a property that offers flexibility and long-term peace of mind. Opportunities of this size in such a strategic location are rare. Contact Kevin today to arrange your inspection Disclaimer: This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
1
Parking
3
Land Area
630 m²
Listed
3 months ago

Repayment calculator

$5,963/month
$2,981 /fortnight
Loan $984,000 at 6.10% over 30 years

Upfront costs

Deposit$246,000
Stamp duty$51,250
Conveyancing (est.)$2,000
Total upfront$299,250
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Coopers Plains

This 4-bedroom house in Coopers Plains, QLD 4108 sits within reach of public transport, local shops and nearby schools. It is listed 8% below the $1.33m median of 59 comparable houseswithin 5 km.

Schools near Coopers Plains

  • Coopers Plains State Schoolprimary · Prep-6 · CoEd

What's nearby

  • Musgrave Rd at Mandarin Street, stop 54 (bus)95 m away
  • 5 Star Handimarket767 m away
  • The Johnson Flora Reserve247 m away
  • Beryl Roberts Park426 m away
  • Lawrence Close Park452 m away

Coopers Plains at a glance

Full suburb profile
Population
5,675
Median age
33
Household income
$1,593/wk
Median rent
$369/wk
Median mortgage
$1,755/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Coopers Plains price trend

Median sold · House 4 bed

Compound growth +9.2% / yr over 4 yrs

$1.26mcurrent median

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Price history

Price history

Listing price changes & sale

2 price changes recorded for this property

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