INVESTORS and owner-occupiers alike have an exceptional opportunity to purchase a prime commercial building on a land rich site as 60 Edmondstone Road in Bowen Hills hits the market.
The asset offers a prominent 2,068sq m* land area with 124-metre frontage and is offered to the market via an expressions of interest campaign that closes on Wednesday 31 March 2021.
The property is being marketed and sold by Ray White Commercial QLD Director and Head of Investment Sales Tom Barr.
“This is an outstanding opportunity to secure an asset in one of Brisbane’s most exciting lifestyle precincts just 2.5km* from the CBD and surrounded by some of Brisbane’s most affluent suburbs, bordered by the Brisbane River and Fortitude Valley,” Mr Barr said.
“On offer is a fully refurbished vacant 1,000sq m* NLA commercial building which stylishly integrates the heritage building at the front of the site and modern building at the rear of the site, with 33 car bays.
“It provides a new state-of-the-art landscaping and 400sq m* breakout area activating the 78-metre* Wickham Grove laneway frontage.
“It’s just 400* metres from Bowen Hills train station, 50* metres from bus stations, only 600* metres from Newstead River Park Precinct, and 300* metres from the recently-completed Mercedes-Benz Lifestyle Precinct.
“It’s also set to benefit from the new Newstead North Neighbourhood Plan, the recently-completed Kingsford Smith Drive Upgrade Project, and the new Breakfast Creek Green Bridge.
“It has huge potential for future development and capital growth in a booming precinct, underpinned by strong fundamentals and demographics.”