14 Blackwood Street Mitchelton QLD 4053

My Agent Aus, are pleased to Exclusively present 14 Blackwood St, to the market for immediate Sale. 1174sqm Freehold land situated in the hub of inn North-West. Blackwood St Mitchelton, is a vibrant hub of residential, retail, commercial and medical. Situated at the top end, 14 Blackwood St, presents a rare opportunity to purchase a freehold block of shops, with development approval for 11 units + retail shop.

Property Highlights:
* Current improvements include: 3 retail shops, house and rear storage sheds.
* 442sqm Current building area, 100% leased. No lease impediments to re-development.
* 1174sqm Current Land Area.
* Substantial holding income. Gross Income: $115,004 per annum + GST. Outgoings approx. $24,637.
* Development Approval for 11 units + 1 retail shop (180sqm). 8 x 3 bedroom units and 3 x 2 bedroom units. 4 level building including ground floor.
* Major Centre Zoning. Plethora of other suitable uses.
* Walking distance to Mitchelton Train Station and Brookfield Shopping Centre.
* Situated in a thriving mixed-use hub, bustling with daily activity.
* Located approx. 15 minutes to Brisbane City, 3 minute drive to Enoggera Gallipoli Army * Barracks, and 1 minutes to Brookside Shopping Centre.
* Clear instructions to sell via Offers to Purchase to be submitted in writing to Manoli Nicolas. Manoli@myagentaus.com.au

Location Advantages:
* Located near major roads and public transport options, providing easy access to surrounding areas and the Brisbane CBD.
* Situated in a rapidly developing part of Mitchelton, offering future potential for business growth and increased exposure.
* Close to retail outlets, cafes, and essential services, offering convenience for employees and clients.

Contact:
Manoli Nicolas
Director and Head of Sales and Leasing
0400 082 170
manoli@myagentaus.com.au