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Mixed Use
Bunnings Indooroopilly, 90-112 Coonan Street, Indooroopilly, QLD, 4068

Property details

  • Property ID:
    21887
  • EOI:
    Closing 5 March 2020 at 4:00pm (AEST).
  • Area:
    4424 m2 (*approx)
  • Type:

    Mixed Use:

  • Development Potential:
    Favorable mixed use zoning permitting development up to 20 storeys (STCA)
Agency information
Jacob Swan
Elliott O’Shea

Overview

INNER CITY BUNNINGS WITH SIGNIFICANT UPSIDE

  • 4,424sqm* multi tenanted retail centre anchored by Bunnings Warehouse (ASX:WES)
  • Surplus land and leasing potential create immediate value add opportunity
  • Elevated 4,657sqm* site located 5.6km* southwest of the Brisbane CBD, with favorable mixed use zoning permitting development up to 20 storeys**
  • High profile location in immediate proximity to Indooroopilly Shopping Centre (180m*) and Indooroopilly Train Station (35m*)
  • Fully leased net income of $1,138,266* per annum with 61%* of passing income underpinned by Bunnings with options to 2046

*Approx.
**Subject to Council approval

For Sale via Expressions of Interest closing 5 March 2020 at 4:00pm (AEST)

Remember to mention you found this property on DevelopmentReady.com.au 

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