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349 Montague Road
West End QLD 4101
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Sold on 28 Sep 2023

349 Montague Road West End QLD 4101

  • Shop & Retail
  • 851 m²
  • Sold, $3,550,000

Retail Complex with Development Upside

  • Strong Holding Income
  • Mixed Use 3 Zoning
  • Development Upside

Here is your opportunity to invest, develop or occupy on Montague Road.

Key Features Includes:

- Circa $215,000 net return from 5 solid tenants
- MU3 Zoning allowing 4 stories of mixed use development
- Rear street frontage to Tarabay Lane
- Adjoining Medical Centre
- More than 1,000 units in planned construction within 400m
- West End is one of the fastest growing suburbs in Queensland
- All tenancies have been refurbished over the last 5 years
- Block Construction with excellent carparking
- Below market rents
- The adjoining property at 353 Montague Road on 405m2 is also available
- Not expected to last long

Property Highlights

Date Sold28 Sep 2023
Sold Price$3,550,000
Floor Area851 m²
Land Area810 m²
Parking6 x Onsite parkings
Building TypeWhole building
Property ID2018423249
Category
Last updated  28 Sep 2023
Map for 349 Montague Road West End QLD 4101

Property Highlights

Date Sold28 Sep 2023
Sold Price$3,550,000
Floor Area851 m²
Land Area810 m²
Parking6 x Onsite parkings
Building TypeWhole building
Property ID2018423249
Category
Last updated  28 Sep 2023
8/205 Montague Rd West End QLD 4101

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