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INNER CITY ASSET - SUB $2M

179 Wellington Road, EAST BRISBANE QLD, 4169

Sold

Property Sold in 179 Wellington Road, EAST BRISBANE QLD, 4169

McGees Property Brisbane

Level 5, 410 Queens Street, Brisbane, QLD 4000

Listing ID:
11381758
Status:
Sold
Price:
CONTACT AGENT
Last Updated:
27/07/2020
Icon building

Property Type

Retail/Showrooms/Bulky Goods
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Land Area

405 SQM
Icon size

Floor Area

430 SQM
Icon parking

Parking

N/A

INNER CITY ASSET - SUB $2M

Overlooking Raymond Park the building presents an opportunity to value-add and/or potentially redevelop in the future. Currently a modern 2 storey showroom and warehouse with office accommodation the owners previously undertook substantial renovations and refurbishment throughout. The air conditioning system was upgraded in 2018 and the building presents at a high standard.

- 405m2* - regular shaped land holding
- Ground floor – 200m2*
- First Floor – 230m2*
- Modern building incorporating showroom, warehouse and office space
- 5 car parks available on site
- Suited for a range of uses such as: Showroom, medical or professional enterprises
- Mixed Use zoning potentially offering 5 levels of development upside with
views overlooking Raymond park to the CBD
- Frontage to Wellington Road
- High amenity location in the heart of the East Brisbane precinct
- Well-presented fit-out in place (minor cosmetic upgrade required)
- Potential to split the unit into 2 tenancies (ground floor and level 1)
- Owner may lease back for a period of 6 months
- Brisbane CBD within 2* radial kilometres

It is well serviced by public transport and in close proximity to Mowbray Park City Cat Terminal and Brisbane City Council Bus routes. Also with ease of access to key inner-city arterials including Clem 7, the M1 Motorway southbound and northbound. The asset will also benefit from the Wynnum Road corridor upgrade and the Woolloongabba Cross River Rail Station.

Please contact the Exclusive Agents Gavin Moore or Nina Brailey from McGees Property for further information.

For more details, please email agent

McGees Property Brisbane

Level 5, 410 Queens Street, Brisbane, QLD 4000


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