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HUGE OPPORTUNITY - RETAIL & OFFICE / RESIDENTIAL / DEVELO...

12 Old Cleveland Road, STONES CORNER QLD, 4120

For Sale

Property for Sale in 12 Old Cleveland Road, STONES CORNER QLD, 4120

Remax City

Ground Floor, 448 Ann St, , Brisbane City, QLD 4000

Listing ID:
11351560
Status:
Active
For:
Sale
Price:
CONTACT AGENT
Last Updated:
17/07/2019
Icon building

Property Type

Hotel/Leisure/Land/Development/Retail
Icon square

Land Area

263 SQM
Icon size

Floor Area

765 SQM
Icon parking

Parking

6

HUGE OPPORTUNITY - RETAIL & OFFICE / RESIDENTIAL / DEVELOPMENT

An opportunity to acquire a whole building consisting of 6 floors in Stones Corner is now available to purchase. It features a top floor penthouse, 10 studio apartments, Billboard rent opportunity, full basement and a rooftop area. It has a net income of $199,724.00 Per annum. It features the following:

- 263m2 Land / 765m2 Floor size over 6 floors
- Basement car park to fit 6 cars plus storage
- Ground floor office / retail
- 10 Studio apartments over 3 levels
- Top floor penthouse with 3 rooms,entertainment room, cinema & more
- Roof top / Bbq area
- Digital billboard on building
- Current net income of $199,724.00* Per annum
- 4.5km to Brisbane CBD

Stones Corner is experiencing rapid growth of thousands of new residents moving into the suburb with many new eight story dwellings being built and a 1bn student accommodation, Woolworths, cafes/restaurants development underway within 200m. Walking distance to major bus routes, train stations and other local amenities Stones corner has to offer. With a new infrastructure plan in place it offers an opportunity to capitalise and expand. This opportunity is rare.

Please call Geoff Esdale for further information and to schedule your inspection.

For more details, please email agent

Remax City

Ground Floor, 448 Ann St, , Brisbane City, QLD 4000


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