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657-659 Deception Bay Road Deception Bay QLD 4508

  • Retail
  • 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

Auction date and time27/11/2019 11:00
Auction locationIn-Rooms - Riverview Hotel, Kingsford Smith Drive, Hamilton

Property Highlights

Property ID2015781906
Floor Area3,154 m²
Land Area8,633 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  27 Nov 2019
Map for 657-659 Deception Bay Road Deception Bay QLD 4508
Raine & Horne Commercial Brisbane North
6/87 Webster Road Stafford QLD 4053

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