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,…
A 2. Ha* site located 1km* north of the Brisbane CBD in the suburb of Mitchelton.
The property is designated Low Density Residential and Open Space Zone, offering townhouse, aged care / retirement or residential subdivision potential (^STCA).
We received a strong level of interest in response to the opportunity with 94 enquiries received throughout the campaign.
Interest received from a broad range of development groups, including both public and private groups in addition to aged care/retirement groups. The location of the site was seen as the main point of attraction as it sits within a well-established suburb close to major amenities and infrastructure.
The site was sold at close of Expressions of Interest to a private buyer.
Sales Analysis* | |
Method of Sale: | Expressions of Interest |
Marketing Time Frame: | 6 weeks |
Sale Date: | December 2015 |
Total Enquiries: | 94 |
Marketing Budget: | $4,844.00 |
Total Offers Received: | 14 |
Sale Price: | Confidential |
*approx
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…