Cushman & Wakefield are pleased to present 169 Wellington Road, East Brisbane to the market for sale via Expressions of Interest, closing Wednesday the 24th of July 2024.
169 Wellington Road, East Brisbane presents a compelling opportunity for incoming purchasers to secure a quality, approved development site improved by a modern commercial office/showroom facility generating strong holding income.
- Regular shaped parcel offering 1,619sqm* of land with an extensive 40.3m* frontage to Wellington Road
- DA Approved for a 50 unit, 9 storey residential development with 104 car parks spread across 2 basement levels
- Outstanding future development view lines to the CBD overlooking Raymond Park and 'tin and timber' residential dwellings
- Zoned MU1 Mixed Use and designated a 'significant corner' site
- Improved by a 1,366sqm* showroom/office facility
- Substantial holding income
- Leases structured to provide immediate development outcome
- 19 on site car parks with ample loading space and a loading dock
- Benefits from a range of nearby lifestyle and entertainment precincts
- 1.5km* from the Brisbane CBD
- Immediate access to bus and city cat services and major road networks
For further information, please contact the exclusive agents from Cushman & Wakefield.
*Approximate