Ray White Commercial QLD is pleased to present to the market, 531-537 Gympie Road,
21 Kate Street and 20-26 Boothby Street, Kedron for sale.
This extremely rare offering provides an irreplaceable blank canvas development opportunity in the heart of Brisbane's North. Commanding a huge site area in this established and growing suburb, this site lends itself to the design and delivery of a range of development options.
Long-standing tenants provide significant holding income, some of which have a strong trading history for decades.
Additional highlights of the property are outlined below:
- Site area - 16,724m2*
- Zoned QPP-SC4 - Specialised Centre (Large Format Retail) & QPP-LII - Low Impact Industry Zone
- 59m* frontage to Gympie Road
- 42m* entry to Boothby Street
- Holding income $413,630 per annum
- Approx 67,000^ cars passing daily on average
- Above State and National average population growth
- Above average household income and retail spend per capita
- 7km* from Brisbane CBD
Contact Andrew Doyle or Michael McCullagh to arrange an inspection.
For more details, please email agent