Solid Character Value-Add Retail Investment for sale - $3,000,000
Colliers are pleased to present to the market a prime Ipswich CBD value-add, land bank or immediate development property located at 1 Darling Street East Woodend for sale via Offers to Purchase.
This strategic 3,950m² 2 lot amalgamation sits on the northern edge of South East Queensland western city centre. The property is improved with a substantial 2,200m² industrial building producing passive holding income from two tenants with significant scope to improve the income potential through the repositioning the property.
The property has an approval for a multi-level commercial and apartment project and the draft of the new town plan further supports the city making importance of the site. With favourable zoning and attractive physical characteristics of the land this site presents an exceptional opportunity to capitalise on the current buoyant conditions or acquire a major CBD land bank with holding income.
Ipswich is a principal regional centre, which is strategically located 31* radial kilometres south west of Brisbane’s CBD, in the highest growth area of South East Queensland. Traditionally a strong manufacturing and logistics base, the CBD provides essential services to a broad catchment area across the Western Corridor region. The property is surrounded by major employment nodes, high traffic retail centres, hospitality premises, Ipswich General and St Andrew’s Private Hospitals including numerous medical and Government services enterprises.
The key investment attributes include:
• 3,950m² 2 lot CBD land parcel
• 2,200m² warehouse style building
• Zoned CBD Primary Commercial
• Significant reuse options for retail, commercial, hospitality uses
• DA for major mixed use development project
• Passing income with opportunity to significantly improve
• Rare opportunity in tightly constrained prestige market
1 Darling Street East Woodend is offered for sale via Offers to Purchase. For further information please contact the exclusive marketing agent listed below.
*Approximate
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