UNDER CONTRACT

FAL Property Group is pleased to present this unique opportunity to secure 1,147sqm of prime land and 998sqm of building in the heart of Coorparoo’s retail, residential and light-industrial precinct. This property offers an opportunity for developers who are interested in repositioning the site; or to owner occupiers who would like to occupy 565sqm which becomes available on 1 July 2023 whilst having holding income from the two other tenancies.

Alternatively there is a great upside for savvy investors to lease the upcoming vacancy at market rent and increase the rate per sqm currently achieved by the outgoing tenant. This site provides an array of upsides.

The property is located across the Coorparoo Square Shopping Centre and Coorparoo Marketplace boosting major retailers such as Dendy, Aldi, Coles, and Woolworths. The property is next to the major arterial Old Cleveland Road; and is only 5.7km away from the CBD. The Pacific Motorway is also only 1.7km away.

– New ducted air-conditioning unit in the office of Tenancy A
– Located in the heart of the Retail precinct
– DC2 Zoning
– Flood Free incl 1974, 2011, 2022
– Opportunity to redevelop from Nov 2024
– Owner-occupier opportunity for 565sqm office/warehouse

For more information or to arrange an inspection please contact Exclusive agents FAL Property Group