FREEHOLD INVESTMENT WITH FUTURE DEVELOPMENT UPSIDE (STCA)

Ray White Retail in conjunction with RWC Gateway are proud to present 828 Old Cleveland Road for sale via Private Treaty. An incredible opportunity to acquire a freehold, multi tenanted investment in the heart of Carina's commercial precinct.

This property boasts an expansive 43m* frontage to Old Cleveland Road, one of Brisbane's main arterial road connecting Capalaba to Stones Corner. Investors & developers have the opportunity to acquire a strategic investment that not only provides a steady income stream but also offers the added benefit of being a significant land holding in a prominent location in Brisbane's strong real estate market.

Property features:
• 1109sqm* retail centre
• 1486sqm* site with commanding street presence to Old Cleveland Road, a major Brisbane arterial
• Diverse tenancy mix with Medical / Allied Health, Retail, Fitness, Consulting and more
• 22* on site parking spaces
• Est. Fully Leased Net Income of $352,100 + GST p.a.
• District Centre zoning providing redevelopment potential with a 4 storey building height limit (STCA)
• Population of 66,636* within a 3*km radius of the property and a household medium income of $136,827* ^
• 4km* to the Gateway Motorway
• 8.5km* to Brisbane CBD
• 16km* to Brisbane Airport

For Sale: $6,100,000 (5.8%)

For further information or to arrange an inspection please contact the Ray White Commercial exclusive marketing agents for further information.

* Approx.
^ IQ Census

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