With demand continuing to escalate for large development sites, opportunities such as this are becoming increasingly more difficult to find. The take up of land in the Port of Brisbane area over the past few years has seen land values pushed to new highs.  
 
The property features a very wide frontage to Murarrie Road allowing for great street visibility for all kinds of development that may be accommodated on the site.  
 
It has been determined from information provided to us from the Vendor verbally that the property is currently returning in excess of $1,000,000 p.a in rental income from approx. 88 Tenants.  
 
197 Murarrie Road is the ideal property for the astute “hands on” developer / investor as the site does have some challenges that need to be overcome.  
 
The Vendor and their Solicitor are offering the property for sale on an “As Is Where Is” basis.