617 Seventeen Mile Rocks Road, SEVENTEEN MILE ROCKS QLD 4073
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- Industrial / Warehouse
- Floor area:
- 0 x Onsite parking
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- Energy Efficiency Rating:
- 0.0 NABERS energy rating
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- 6 Dec 2016
Potential plus with 8% return guaranteed
The sky is truly the limit with this property which is set on a rare acre block in this highly sought-after fringe suburb. An investor/developer with a bit of vision could certainly imagine a number of possible outcomes and opportunities for this property as the Brisbane property market continues to strengthen. For the price you could grab them for, you could afford to do some touching up on the office building and existing shed that would lead to better rental returns.
The big kicker for this property is the spare 2,000sqm (approx) that presents a further development opportunity in the future. Tenancies currently available from 70sqm to 211sqm. The property is conveniently located on Seventeen Mile Rocks Road, only 2 minutes from the Centenary Highway with awesome access to the city and the Western Suburbs. The office building has a generous frontage onto this major arterial road with the shed units gaining access around the right hand side of the building. Being surrounded by many established long-term businesses and shopping centres, this unique offering presents an opportunity to secure prime, centrally located development land to bank for the future whilst also enjoying great returns.
For further information or to arrange an inspection, contact Alister McDermott from Colliers International today.
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
617 Seventeen Mile Rocks Road...