572 & 588 Kessels Road, MACGREGOR QLD 4109
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- Industrial / Warehouse
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- 0 x Onsite parking
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- 24 Oct 2016
MACGREGOR SUPERSITE | FRONTAGE, POSITION, UPSIDE
The Kessels Road precinct is arguably Brisbane’s most sought after large format retail and commercial leisure precinct. Tightly held assets like 572 & 588 Kessels Road rarely come onto the market and attract deserved attention when they do.
Representing a major opportunity for owner-occupiers, value-add developers or investors to secure a large freehold offering, this property features:
- Quality existing improvements (in excess of 10,000sqm) with fantastic income potential either as is or following refurbishment.
- Potential for an owner-occupier to locate themselves in the heart of Kessels Road.
- Two titles (3,426sqm and 20,360sqm respectively) gives a combined 23,786sqm of site area with dual cross overs, good truck access, generous on-site parking and over 101 metres of frontage to Kessels Road.
- Potential to split the property into multiple tenancies with ability to reuse the existing industrial improvements (STCA).
- Excellent long term potential as a full redevelopment play.
- Opportunities to purchase either separately or in one line, giving rarely available flexibility.
Our vendor has an ongoing requirement to occupy the site for 6 – 12 months from settlement giving an incoming purchaser excellent flexibility to plan any redevelopment / refurbishment to suit their requirements.
Should you require further information or if you wish to arrange an inspection, please contact exclusive agents Colliers International.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
572 & 588 Kessels Road MACGREGOR