Contract Collapsed Owner's Will Negotiate!
Look at the position! Look at the potential on offer! What a blank canvas you have! This spectacular 2429 square metre vacant infill allotment is currently run as a successful car park showing a solid holding income. It offers the astute investor or developer a unique opportunity to secure a rare strategic holding in this premier location. Whether you hold as a land bank or undertake a flexible mixed use development, the options are limited only by your imagination. Under the Innovation Zone it offers a multitude of uses and it is being offered for sale by Private Treaty with the sellers giving clear instructions for all reasonable offers to be submitted. 8 Frigo Court is located in the Bundall office precinct and currently run as a carpark with approximately 100 car spaces on offer to lease. It is well run and showing solid rental returns. A large strategic holding of vacant land in this premier position is near impossible to secure with such flexible uses in the new Innovation zone. Surplus to our seller’s needs, it represents outstanding value so don’t delay as this property will be sold. - RPD Lot 3 on RP177021 - Local Authority GCCC - Zoning – Innovation Zone - Rates $14,180 Per annum - Water $1,100 Per annum - Current income from car parking – 100 sites, occupied on a casual basis - For Sale Via Private Treaty
Price: Contact Agent