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 Master planned community site with zoning in place and ability for 2,500 residential
lots.
Under EDQ current approval, indicative dwelling yield of circa 2,500 dwellings plus neighbourhood centre.
Part of EDQ Priority ‘Urban Development Area’ with fast-tracked approval timeframes. Ability to deliver affordable residential lots to the market in the $100k’s and housing in the $200k’s & $300k’s.
Other developers in the corridor include Lend Lease, PEET Limited & Lateral Properties (Scheinberg family, founders of Stockland)
Forecast by QLD State Government to be one of SEQ’s fastest growing regions Greater Flagstone identified by State Government as future new city to accommodate over 120,000 residents by 2031.
| Sale Analysis* | |
| Vendor: | TRE Developments Pty Ltd |
| Method of Sale: | Expressions of Interest |
| Marketing Timeframe: | 7 Weeks |
| Total Enquiries: | 34 |
| Total Offers Received: | 8 |
| Sales Date: | July 2013 |
| Sale Price: | $10,500,000 |
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…