Property ID : 125960
For Sale For sale by negotiation. - Land/development
Prime Multi Tenanted Inner City Development Site
FAL Property Group presents a potential “once in a lifetime” opportunity! A 3,620sqm parcel of land in the city fringe, 5kms from the CBD and 3kms from Brisbane Airport.
This PRIME city fringe development site has holding income of over $400,000 NET PA. Currently occupied by 12 retail & 7 residential tenants; this site is ready for re-development. With potential for mixed-use centres, service stations & residential developments this site will pay its way till it holds its own. The current owners have preliminary written approval for access/egress via Sandgate Road providing dual street access and convenience.
Site features include:
– 125m Street Frontage
– Site area of 3,620sqm
– In excess of $400,000 net holding income
– Multiple development opportunities
– 954sqm Commercial GFA (current format)
– 5 Residential units & 2 houses (leased)
– Dual access to Sandgate Road
For full IM and DD Dropbox link please contact Huw Feeney or Daniel Hutchinson from FAL Property Group.