1417 Logan Road, MOUNT GRAVATT, 4122, Queensland

  • 752sqm
29709266.full

Subject: 1417 Logan Road, MOUNT GRAVATT, 4122, Queensland

Auction

Upcoming Auction - 12 June

Multi Tenanted Investment With Future Redevelopment Potential

Property ID: 20675099


  • Current Net Income $208,994.92 per annum (exclusive of land tax)

  • First time offered For Sale in 50 years

  • Fully leased 11 tenancy mixed use two level building with 752sqm of GFA on 862sqm of land

  • Secure cash flow with investment risk spread across manageable leases

  • Proposed concepts have already been produced for potential redevelopment – architectural plans available upon request

  • Landmark Logan Road position surrounded by major redevelopments including proposed medical centre on opposite corner and multiple mixed use developments in close proximity

  • Area has seen remarkable development growth with Mt Gravatt Plaza now home to both Woolworths & Coles supermarkets plus the nearby Homemaker Centre, which are both popular destinations driving both vehicle and foot traffic through the area

  • Car parking at the rear plus under cover parking

  • Area offers excellent public transport facilities with bus stops nearby

    For Sale by Auction (if not sold prior)

    12 June 2019 at 11:00am

    Raine & Horne Commercial Offices

    1652 Ipswich Road, Rocklea QLD 4106

Building / Floor Area752 sqm
Land Area862.0 sqm
ZoningDistrict Centre (Corridor) Zone
TenantedYes
529.profile
Brisbane Southside

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