Industrial/Warehouse
Land/Development
Retail - Shopping Cenre
ID 49893UpdatedSale594 Rode Road
594 Rode Road
Chermside, Queensland, 4032
Please contact us for price
- Size2,100 SQM
- Description
- Building Information
- Location
- Agents
Description
Multi-Tenanted Inner-Northern Investment Underpinned by a Significant Land Holding
JLL & Colliers are pleased to present 594 Rode Road, Chermside for sale via Expressions of Interest. This prime, land-rich investment is strategically located opposite the major public and private Prince Charles Hospital Complex and directly adjoining a brand new fully sold commercial sub-division. Located approximately 8.5km* from the Brisbane CBD and with an abundance of local amenity, the property provides a compelling fully-leased land holding with future development upside.
Key features of the offering include:
- Prime 6,470sqm* site with 2,100sqm* of refurbished improvements
- Rare land holding in the tightly held inner-northern market, providing future development upside**
- Demonstrable strong under-lying land value - driven from adjoining fully sold commercial sub-division
- Multi-tenanted property, with a 5.30* year WALE and returning $244,695.70* p.a net
- Flexible future development outcomes to a higher and better use
- Compelling Rode Road exposure and signage opportunities
- Significant recent CAPEX with substantial building refurbishments
- Excellent local amenity and less than a 15* minute drive to Brisbane’s CBD
The property is being offered by way of Expressions of Interest closing Friday 08/04/2022 at 4.00PM.
For further information, please contact the exclusive agents from JLL or Colliers.
*Approx
JLL & Colliers are pleased to present 594 Rode Road, Chermside for sale via Expressions of Interest. This prime, land-rich investment is strategically located opposite the major public and private Prince Charles Hospital Complex and directly adjoining a brand new fully sold commercial sub-division. Located approximately 8.5km* from the Brisbane CBD and with an abundance of local amenity, the property provides a compelling fully-leased land holding with future development upside.
Key features of the offering include:
- Prime 6,470sqm* site with 2,100sqm* of refurbished improvements
- Rare land holding in the tightly held inner-northern market, providing future development upside**
- Demonstrable strong under-lying land value - driven from adjoining fully sold commercial sub-division
- Multi-tenanted property, with a 5.30* year WALE and returning $244,695.70* p.a net
- Flexible future development outcomes to a higher and better use
- Compelling Rode Road exposure and signage opportunities
- Significant recent CAPEX with substantial building refurbishments
- Excellent local amenity and less than a 15* minute drive to Brisbane’s CBD
The property is being offered by way of Expressions of Interest closing Friday 08/04/2022 at 4.00PM.
For further information, please contact the exclusive agents from JLL or Colliers.
*Approx
Location
Agent
Gibson Leembruggen
Director
Agent details