Major Northside Development Site 6km* from CBD
240 Stafford Road is being offered For Sale via Expression of Interest closing in the offices of Colliers International at 4pm on Thursday 5 May 2016 AEST.
• 9,239m² premium land holding across 6 titles
• District Centre 1 zoning allowing a multitude of high value development outcomes
• Existing ‘shovel ready’ DA in place for 105 units and circa 1,200m² commercial space
• Major frontage to busy Stafford Road
• Located close to schools and Stafford City shopping centre
• Location offers strong local demographic with broader reach to the wider Brisbane population
• Holding income available from the existing tenants with scope for improvement
• Amalgamation options exist for the creation of a significantly larger redevelopment site
• $178,949 ex GST gross annual income
Please contact the exclusive marketing agents detailed below for further information or if you would like to inspect the property.