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44-48 Douglas Street, Milton, QLD 4064

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44-48 Douglas Street, Milton, QLD 4064

Properties / Buy / Queensland / Milton
Development Potential

1. Property Summary

Property Type
Commercial, Industrial, Mixed Use
Land Area
3,081 m² (*approx)
Zoning
LII
Local Government
Brisbane
Selling Method
For Sale:
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2. Property Highlights

3,081sqm Landmark Site
  • Fully Leased Net Income $652,479* pa
  • Combined land area of 3,081sqm
  • 30 Car Spaces

Your Commercial in conjunction with FAL Property Group are pleased to present 44-48 Douglas Street, Milton to market. An exceptionally rare 3,081sqm parcel over two titles, with 2,310sqm of current NLA (including storage) and 30 car spaces. A suitable opportunity for the owner occupier that wants to keep it as is, with multiple tenants across office and retail or for the investor that has an eye to develop, taking advantage of its large land parcel just 1.3km from the CBD. Alternatively this property will also appeal to the investor who can reposition a number of leases as the leases are below market.

+ Fully leased net income estimate of approximately $652,479 pa

+ Combined land area of 3,081sqm

+ Combined NLA 2,310sqm

+ 30 car spaces

+ Demolition clauses in most current leases

+ Diversified risk with multiple tenants across office and retail

+ Sits between two main west arterial roads with ease of access to the CBD and M1 Pacific Motorway

+ Surrounded by an abundance of amenity including Milton Village, Rosalie Village, Park Road precinct and Suncorp Stadium

+ Solid holding income for the developer

For more information, or to arrange an inspection, contact Your Commercial and FAL Property Group today.

Remember to mention you found this property on DevelopmentReady

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1. Property Summary

Property Type
Commercial, Industrial, Mixed Use
Land Area
3,081 m² (*approx)
LII
Local Government
Brisbane
Selling method
For Sale:

2. Property Highlights

3,081sqm Landmark Site
  • Fully Leased Net Income $652,479* pa
  • Combined land area of 3,081sqm
  • 30 Car Spaces

Your Commercial in conjunction with FAL Property Group are pleased to present 44-48 Douglas Street, Milton to market. An exceptionally rare 3,081sqm parcel over two titles, with 2,310sqm of current NLA (including storage) and 30 car spaces. A suitable opportunity for the owner occupier that wants to keep it as is, with multiple tenants across office and retail or for the investor that has an eye to develop, taking advantage of its large land parcel just 1.3km from the CBD. Alternatively this property will also appeal to the investor who can reposition a number of leases as the leases are below market.

+ Fully leased net income estimate of approximately $652,479 pa

+ Combined land area of 3,081sqm

+ Combined NLA 2,310sqm

+ 30 car spaces

+ Demolition clauses in most current leases

+ Diversified risk with multiple tenants across office and retail

+ Sits between two main west arterial roads with ease of access to the CBD and M1 Pacific Motorway

+ Surrounded by an abundance of amenity including Milton Village, Rosalie Village, Park Road precinct and Suncorp Stadium

+ Solid holding income for the developer

For more information, or to arrange an inspection, contact Your Commercial and FAL Property Group today.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

3. Property Location

44-48 Douglas Street, Milton, QLD 4064

Property Map

4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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44-48 Douglas Street, Milton, QLD 4064 Milton
FAL Property Group
FAL Property Group
Suite 3, Level 1, 5 Gardner Close, Milton, QLD, 4064
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