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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Cleveland – Grand View Hotel to be refurbished

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 As a top Brisbane buyers agent, we’ve always got our finger on the pulse of the Brisbane property market. Check out what’s happening in Cleveland.

Cleveland’s Grand View Hotel is set to be refurbished if a development application for the upgrade is approved.

The existing heritage hotel building at 45-51 North Street, which is 160 years old, will remain intact, according to the plans.

However, the beer garden will be overhauled, with the outdoor structure, including two pergolas, a marquee and carport to be demolished to make way for a new bar, lawn and kids’ playground.

The drive-through bottleshop on the western side of the hotel will also be converted into a cool room and storage area.

If it goes ahead this will be a drawcard for families, particularly with new amenity on offer for children.

Market Snapshot – Cleveland

Median house price House annual price growth Houses sold over past 12 months Median Unit price Unit annual price  growth Units sold over the past 12 months Population Median age of residents % of renters
$905,000 5.85% 213 $590,000 10.28% 143 15,850 51 29.4%

Source: CoreLogic, ABS 2021 Census

 

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