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Sold on 9 Jun 2020

179 Wellington Road East Brisbane QLD 4169

  • Shop & Retail
  • 430 m²
  • Sold

INNER CITY ASSET - SUB $2M

    Overlooking Raymond Park the building presents an opportunity to value-add and/or potentially redevelop in the future. Currently a modern 2 storey showroom and warehouse with office accommodation the owners previously undertook substantial renovations and refurbishment throughout. The air conditioning system was upgraded in 2018 and the building presents at a high standard.

    - 405m2* - regular shaped land holding
    - Ground floor 200m2*
    - First Floor 230m2*
    - Modern building incorporating showroom, warehouse and office space
    - 5 car parks available on site
    - Suited for a range of uses such as: Showroom, medical or professional enterprises
    - Mixed Use zoning potentially offering 5 levels of development upside with
    views overlooking Raymond park to the CBD
    - Frontage to Wellington Road
    - High amenity location in the heart of the East Brisbane precinct
    - Well-presented fit-out in place (minor cosmetic upgrade required)
    - Potential to split the unit into 2 tenancies (ground floor and level 1)
    - Owner may lease back for a period of 6 months
    - Brisbane CBD within 2* radial kilometres

    It is well serviced by public transport and in close proximity to Mowbray Park City Cat Terminal and Brisbane City Council Bus routes. Also with ease of access to key inner-city arterials including Clem 7, the M1 Motorway southbound and northbound. The asset will also benefit from the Wynnum Road corridor upgrade and the Woolloongabba Cross River Rail Station.

    Please contact the Exclusive Agents Gavin Moore or Nina Brailey from McGees Property for further information.

    Nina Brailey
    McGees Property Brisbane
    Nina Brailey
    McGees Property Brisbane
    Gavin Moore
    McGees Property Brisbane
    Gavin Moore
    McGees Property Brisbane

    Property Highlights

    Property ID2016197422
    Date Sold9 Jun 2020
    Floor Area430 m²
    Land Area405 m²
    ParkingAsk Agent
    Category
    Last updated  20 Jul 2020
    Map for 179 Wellington Road East Brisbane QLD 4169
    Map for 179 Wellington Road East Brisbane QLD 4169179 Wellington Road East Brisbane QLD 4169
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Nina Brailey
    McGees Property Brisbane
    Nina Brailey
    McGees Property Brisbane
    Gavin Moore
    McGees Property Brisbane
    Gavin Moore
    McGees Property Brisbane

    Property Highlights

    Property ID2016197422
    Date Sold9 Jun 2020
    Floor Area430 m²
    Land Area405 m²
    ParkingAsk Agent
    Category
    Last updated  20 Jul 2020
    McGees Property Brisbane
    Level 5 410 Queen Street Brisbane City QLD 4000
    Nina Brailey
    McGees Property Brisbane
    Nina Brailey
    McGees Property Brisbane
    Gavin Moore
    McGees Property Brisbane
    Gavin Moore
    McGees Property Brisbane

    Ask Nina Brailey about this property

    Nina Brailey

    Nina Brailey

    McGees Property Brisbane

    Gavin Moore

    Gavin Moore

    McGees Property Brisbane

    0415 *** ***
    0415 387 727

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