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Sold on 1 Apr 2021

8 & 10 Morisset Street Queanbeyan NSW 2620

  • Development / Land
  • 3,558 m²
  • Sold

Outstanding Development Opportunity in Queanbeyan CBD

  • Substantial 3,558sqm Land Holding
  • CBD Location
  • Zoned B3 Commercial Core

8 & 10 Morisset Street is a large freehold development opportunity combining two blocks for a total land area of 3,558sqm within walking distance to Queanbeyan CBD. Queanbeyan is undergoing generational transformation with the commencement of the Queanbeyan CBD Spatial Masterplan which will transform Queanbeyan CBD into a modern regional centre offering offering residents a high level of convenience, increased connectivity and a more cosmopolitan lifestyle.

Substantial 3,558sqm land holding in the heart of the Queanbeyan
Current improvements include citadel, ministry centre, office, storage, garage and a 3 bedroom house
Zoned B3 Commercial Core allowing for a variety of uses including residential mixed use, childcare, medical, bulky goods, hotel/motel and many more STCA
Excellent 30m height limit and 3:1 floor space ratio under Queanbeyan-Palerang Regional Council's (QPRC) Local Environmental Plan
Central location within Queanbeyan CBD, close to hospitality, retail, and entertainment amenities
Property benefits from holding income of $520/week, leased until September 2021, and a car parking licence of $300/month leased until July 2021
Benefiting from the implementation of the Queanbeyan CBD Spatial Masterplan
Over 61,000 residents in the Queanbeyan region which is expected to grow to over 72,000 by 2031

The asset is being sold by expression of interest, closing 4pm AEDT Thursday 4 March 2021.

For more information or to arrange an inspection contact the exclusive marketing agents, JLL.

Mitch Frail
JLL - Canberra
Mitch Frail
JLL - Canberra
Andrew Balzanelli
JLL - Canberra
Andrew Balzanelli
JLL - Canberra

Property Highlights

Property ID2016763142
Date Sold1 Apr 2021
Floor AreaAsk Agent
Land Area3,558 m²
ParkingOn site parking available
Building TypeWhole building
Category
Last updated  12 Apr 2021
Map for 8 & 10 Morisset Street Queanbeyan NSW 2620
Map for 8 & 10 Morisset Street Queanbeyan NSW 26208 & 10 Morisset Street Queanbeyan NSW 2620
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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.

Mitch Frail
JLL - Canberra
Mitch Frail
JLL - Canberra
Andrew Balzanelli
JLL - Canberra
Andrew Balzanelli
JLL - Canberra

Property Highlights

Property ID2016763142
Date Sold1 Apr 2021
Floor AreaAsk Agent
Land Area3,558 m²
ParkingOn site parking available
Building TypeWhole building
Category
Last updated  12 Apr 2021
JLL - Canberra
Level 7, 121 Marcus Clarke St Canberra ACT 2600
Mitch Frail
JLL - Canberra
Mitch Frail
JLL - Canberra
Andrew Balzanelli
JLL - Canberra
Andrew Balzanelli
JLL - Canberra

Ask Mitch Frail about this property

Mitch Frail

Mitch Frail

JLL - Canberra

Andrew Balzanelli

Andrew Balzanelli

JLL - Canberra

+61 *** ***
+61 61429103979

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