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170 Merthyr Road
New Farm QLD 4005
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Sold on 25 May 2023

170 Merthyr Road New Farm QLD 4005

  • Shop & Retail
  • 447 m²
  • Sold

Trophy Mixed Use Medical Asset

  • Prized New Farm corner site
  • Fully leased trophy holding
  • One of QLD's most affluent suburbs

Colliers is pleased to present an immaculate, trophy asset in the heart of New Farm. We are offering For Sale via onsite public auction on Thursday 25 May 2023, 11am (AEST).

Highlights of the opportunity include:
Fully leased asset, anchored by a premium medical clinic
Luxury Full Floor Penthouse Apartment
Secure 13 year WALE (medical only)
Rare net lease structure (medical only)
Future development upside to increase GFA (STCA)
High profile, corner New Farm site
$221,867 net p.a.
Walking distance to all amenity and public transport (400m* to Coles New Farm, 400m* to New Farm Park and 550m* to Powerhouse)
Top 5 most affluent suburb in Brisbane median house price of $2.94m* (Feb 2023)
Median weekly household income of $2,069* and 34%* of households earn more than $156k* p.a.

170 Merthyr Road provides the opportunity to acquire an extremely rare, corner trophy asset in one of Brisbane's best suburbs.

For further information, contact the exclusive marketing agents at Colliers today.

*approximate

AUCTION

Auction date and time25/05/2023 11:00
Auction location170 Merthyr Road, New Farm QLD

Property Highlights

Date Sold25 May 2023
Floor Area447 m²
Land AreaAsk Agent
ParkingOn site parking available
Property ID2018482488
Category
Last updated  26 Jun 2023
Map for 170 Merthyr Road New Farm QLD 4005

Property Highlights

Date Sold25 May 2023
Floor Area447 m²
Land AreaAsk Agent
ParkingOn site parking available
Property ID2018482488
Category
Last updated  26 Jun 2023

Listed by

Harry Dever
Colliers International Brisbane
Call
0421170033

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