3,081sqm Landmark Site

Your Commercial in conjunction with FAL Property Group are pleased to present 44-48 Douglas Street, Milton to market. An exceptionally rare 3,081sqm parcel over two titles, with 2,310sqm of current NLA (including storage) and 30 car spaces. A suitable opportunity for the owner occupier that wants to keep it as is, with multiple tenants across office and retail or for the investor that has an eye to develop, taking advantage of its large land parcel just 1.3km from the CBD. Alternatively this property will also appeal to the investor who can reposition a number of leases as the leases are below market..

+ Fully leased net income estimate of approximately $652,479 pa
+ Combined land area of 3,081sqm
+ Combined NLA 2,310sqm
+ 30 car spaces
+ Demolition clauses in most current leases
+ Diversified risk with multiple tenants across office and retail
+ Sits between two main west arterial roads with ease of access to the CBD and M1 Pacific Motorway
+ Surrounded by an abundance of amenity including Milton Village, Rosalie Village, Park Road precinct and Suncorp Stadium
+ Solid holding income for the developer

Offered to the market via Expression of Interest.