Mixed Use Development Site For Sale – South Brisbane

Located on a main arterial road just off the M1, you will find an opportunity with several development options and established income streams.

Potential development opportunities could include;

  • Service Station
  • Veterinary Clinic
  • Aged Care
  • Community Centre
  • Church

The development site currently holds commercial and residential property on a 1.77ha block with 120m of road frontage and visual from both lanes of traffic.

 

Highlights:

  • A local town planner provided positive feedback for a Service Station or Veterinary Clinic or both.
  • Current established business nets approximately $175,000 under management.
  • Earn holding income while you develop.
  • Surrounding road upgrades holds potential to alter current zoning.
  • Property owner has written support from the local mayor to change the zoning to commercial use and is expected to come into effect next review.
  • Site has a causeway at the rear of the property, limiting the land use, however the owner has not seen water in 21 years.
  • High traffic volume passing the site daily.

 

Unique opportunity to acquire a mixed-use development site with established income sources and a huge potential to grow

 

Total investment $3,000,000 WIWO

 

Exclusive Agent

Jacob Reeson

0432 906 946

jacob@benchmarkbusiness.com.au

 

Benchmark Business Sales

State QLD
Price $3,000,000 WIWO
Property Type commercial
Property ID 801
Category Land/Development, Retail, Other
Land Area 1.77 ha
Office Area 1m2

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Jacob Reeson

0432 906 946
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