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 prime 6,030m²* re-development opportunity in inner Northern Brisbane Growth Corridor. Comprising 4 houses & former Penola Nursing Home situated on an elevated site with three (3) street frontage and views of Brisbane CBD and Moreton Bay.
We received a strong level of interest in response to the opportunity with 109 enquiries received throughout the campaign. The majority of the interest came from small to medium sized residential builders and developers. 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: | May 2015 |
| Total Enquiries: | 109 |
| Marketing Budget: | $23,198 |
| Total Offers Received: | 12 |
| Sales Price: | $3,700,000 |
*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…