657-659 Deception Bay Road Deception Bay QLD 4508
- 3,154 m²
- Commercial Auction
OCCUPY / INVEST / REPOSITION / REDEVELOP
Located on Deception Bay Road in Deception Bay, this property represents a unique opportunity to secure a large retail centre located on a 8,633sqm Urban Neighborhood zoned allotment. Historically, the Deception Bay commercial precinct been a tightly held area and this property presents purchasers with flexible options including owner occupation, lease investment, strata title and resale or land bank for future redevelopment.
The subject property is located close to the recently upgraded Rothwell intersection and Rothwell Village which has attracted the likes of multinational business's Starbucks, Carls Junior, Guzman y Gomez and Oporto demonstrating the strength of the local economy.
* 3,154sqm* Large format retail & commercial complex across two detached buildings
* 8,633sqm Urban Neighbourhood place type General Residential Urban precinct zoned allotment
* Leases in place to Sarina Russo, Life Without Barriers and Harvey Norman
* Returning - $250,050 Gross + GST per annum
* 105 common use parking bays available on site
* Flexibility to owner occupy, Strata title, Land bank or develop further
* Owners have given clear instructions to sell!
34km to Brisbane CBD; 18km to Caboolture; 10km to Redcliffe. Deception Bay lies 35 minutes north of Brisbane in the Moreton Bay Regional Council. Deception Bay's proximity to both North Lakes and Redcliffe allow for a variety of businesses along with fantastic access to the Bruce Highway ensure this property won't be available for long.
Auction In-Rooms (if not sold prior) Wednesday 27 November 2019 at 11am at Brisbane Riverview Hotel, Kingsford Smith Drive, Hamilton.
For further information or to arrange an inspection please contact your Exclusive Raine & Horne Commercial agents.
Listing ID: 21305999
|Auction date and time||27/11/2019 11:00|
|Auction location||In-Rooms - Riverview Hotel, Kingsford Smith Drive, Hamilton|
|Floor Area||3,154 m²|
|Land Area||8,633 m²|
|Energy||0-star NABERS Energy rating|
|Annual Return||Ask Agent|
|Last updated||27 Nov 2019|