Raine & Horne Commercial are proud to present a premium inner city development opportunity with secure holding income exceptionally located within the Bowen Hills Priority Development Area.
This prized opportunity provides the following key attributes:
• 1,241sqm site with flexible mixed industry/ business zoning
• Quality freestanding building totaling 1,050sqm*
• Leased to three quality tenants including AECOM Australia Pty Ltd
• Holding income of $145,000* Net + Outgoings + GST per annum
• Substantial development upside – 8 storeys (STCA)
• Directly opposite future ‘Thompson Street Health and Business Precinct’ masterplan
• Three strata lots (under common ownership) providing flexibility and tax benefits
• Being offered for sale in one line – an opportunity not to be missed
19 Thompson Street offers astute developers/ investors a chance at acquiring a substantial landholding in a rapidly growing precinct on the edge of Brisbane’s CBD. The opportunity provides significant development upside in a mixed industry and business zone with the added benefit of secure holding income through to mid 2022.
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