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PRIME REDEVELOPMENT OR REPOSITIONING OPPORTUNITY

10 Austin Street, NEWSTEAD QLD, 4006

Sold

Property Sold in 10 Austin Street, NEWSTEAD QLD, 4006

Listing ID:
11367445
Status:
Sold
Price:
Auction In-Rooms 27th November 2019
Last Updated:
15/01/2020
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Property Type

Industrial/Warehouse/Showrooms/Bulky Goods/Offices
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Land Area

501 SQM
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Floor Area

400 SQM
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Parking

N/A

PRIME REDEVELOPMENT OR REPOSITIONING OPPORTUNITY

For the first time in over 20 years, Raine & Horne Commercial are pleased to present 10 Austin Street, Newstead to market for sale.

Situated between the brand new Mercedes Benz Autohaus/ Bunnings Newstead developments ($200m) and the popular Gasworks precinct, the subject property provides a rare opportunity to occupy, reposition or redevelop a strategic asset in a tightly held pocket of Newstead. Details of the opportunity include -

* 501sqm* Low Impact Industry zoned site
* Existing freestanding improvements of ~400sqm
* Contained within the Newstead North Neighbourhood Plan
* Strong redevelopment potential (STCA)
* Situated 600m from Bunnings and Mercedes Benz Autohaus
* Located in arguably one of Brisbane's most sought after locations

Located only three kilometres north of the CBD, Newstead is strategically located and forms an important gateway into Brisbane's inner-city. Once a primary industrial centre, the suburb of Newstead is rapidly gentrifying and quickly transitioning into Brisbane's new lifestyle hub.

Auction In-Rooms (if not sold prior) Wednesday 27the November 2019 at 11am at Brisbane Riverview Hotel, Kingsford Smith Drive, Hamilton.

For further information or to arrange an inspection contact your Exclusive Raine & Horne Commercial agents.

Listing ID: 21436766

For more details, please email agent

Raine & Horne Commercial Brisbane North

6/87 Webster Road, Stafford, QLD 4053


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