49 Beerwah Parade Beerwah QLD 4519

Development / Land
2,023 m²
Sold

Beerwah Local Centre Zone Re-development Site with Holding Income

Local Centre Zone Re-development Site
Land: 2,032m²* with 2 Street Frontage
Opposite Beerwah Railway Station

- Current industrial use with potential for higher and better use development (STCA)
- Land area 2,023m²* with dual street frontage
- Current passing gross rent $79,945pa* plus GST
- 2 tenants in place. One on a 2 year lease with no options. Second tenant is on a month to month agreement
- Central to Beerwah commercial hub and railway station
- Located in Sunshine Coast railway township of Beerwah

Beerwah is identified as a high growth precinct for both commercial and residential development. Beerwah is to benefit from the new heavy rail upgrade and identified by council as a major residential growth corridor with the proposed Beerwah East 10,000 home residential development precinct, along with new Roys Road industrial estate expected in 2024. In addition, construction has commenced on the new $18m Health Hub in central Beerwah.

For Sale by Expressions of Interest closing Thursday 11 May 2023 at 4pm.

For further information, or to arrange an inspection, please contact Ben Flower or Baydn Dodds.

*Approx.