PRIZED INNER CITY DEVELOPMENT SITE WITH HOLDING INCOME
Raine & Horne Commercial are proud to present a premium inner city development opportunity with secure holding income exceptionally located within the Bowen Hills Priority Development Area.
This prized opportunity provides the following key attributes:
• 1,241sqm site with flexible mixed industry/ business zoning • Quality freestanding building totaling 1,050sqm* • Leased to three quality tenants including AECOM Australia Pty Ltd • Holding income of $145,000* Net + Outgoings + GST per annum • Substantial development upside - 8 storeys (STCA) • Directly opposite future 'Thompson Street Health and Business Precinct' masterplan • Three strata lots (under common ownership) providing flexibility and tax benefits • Being offered for sale in one line - an opportunity not to be missed
19 Thompson Street offers astute developers/ investors a chance at acquiring a substantial landholding in a rapidly growing precinct on the edge of Brisbane's CBD. The opportunity provides significant development upside in a mixed industry and business zone with the added benefit of secure holding income through to mid 2022.
* Approximately
Auction In-Rooms (if not sold prior) Thursday 17 December 2020 at 11am at View Hotel, Kingsford Smith Drive, Hamilton.
For further information or to arrange an inspection contact your Exclusive Raine & Horne Commercial agents.
