459-461 GOLDEN FOUR DRIVE, TUGUN QLD
Tugun Beach IGA This transaction set a new benchmark (sub 4 per cent fully-leased yield) for IGA’s in Queensland. Moreover,…
The sale comprises three contiguous properties, situated within the popular inner city locality of Greenslopes.
The three properties form a 1,821m² regular shaped inside site, situated at road height, with a southerly aspect.
The property is zoned “Low Medium Density Residential (2 or 3 Storey Mix)”, and was sold with no approvals in place.
Greenslopes is located approximately 5 kilometres south east of the Brisbane CBD, which is well serviced by a wide range of amenities.
The sale occupies a highly desirable position on a quite treelined street, with the eclectic stones corner retail precinct, Eastern busway, and Villanova College all within walking distance.
The site was offered to the market via a six (6) week marketing campaign, which closed on Thursday 4 June 2015.
At the completion of the campaign 90 enquiries were received, and a total of 9 offers to purchase were put forward.
The majority of interest for the property came from small to medium sized residential builders and developers, with the successful party being a private locally based buyer.
Sales Analysis* | |
Vendor: | Private Persons |
Method of sale: | Expressions of Interest |
Marketing timeframe: | 6 weeks |
Total enquiries: | 90 |
Total offers received: | 9 |
Sale date: | 06/15 |
Sale price: | $2,550,000 |
Tugun Beach IGA This transaction set a new benchmark (sub 4 per cent fully-leased yield) for IGA’s in Queensland. Moreover,…
Built upon the site is a two level commercial building with 8 car parks, originally purpose built by Commonwealth Bank…