5 Hercules Street Hamilton QLD 4007

Blue Commercial is proud to exclusively bring to market an excellent opportunity to develop, hold or occupy with value-add.

5 Hercules Street is offered for sale by Expressions of Interest closing Tuesday 15th April 2025 at 3pm (AEST).

This value-add, development-approved opportunity at 5 Hercules Street, Hamilton, is positioned at the gateway to the ever-changing Portside Wharf precinct. With direct access to a vibrant village of retail, wellness, beauty, dining, and entertainment - including the latest addition, 'The Ballpark'. This development site presents an ideal opportunity for an astute purchaser to occupy, hold or develop.

Property highlights:

- Prime corner position in affluent Hamilton with a total site area of 1,382sqm
- Existing DA Approval for 130 short-term accommodation units, 107 rooming accommodation together with 576sqm of retail and commercial space activating Hercules Street and Main Street, plus communal open space within the podium and on the podium top providing a total GFA of 9,927sqm
- The site sits within a dynamic planning authority, Economic Development Queensland (EDQ), who strategically look to create livable places where communities look to thrive
- The site looks to gain considerable uplift from the potential infrastructure improvements linked to the proposed Olympic Village, which could greatly enrich its long-term value and appeal
- Hamilton is recognised as one of Brisbane's most prestigious suburbs due to its luxury real estate offerings
- Portion of the building (618sqm approx.) is currently tenanted by Paws and Relax Doggy Day Care, with rental income of $100,200 gross plus GST per annum
- Strategically positioned at the entry of Portside Wharf retail precinct which offers riverside dining and entertainment destination including Byblos, Dendy Cinema, IGA, Rise Bakery as well as multiple quality and well-established retailers

For further information or to arrange an inspection, please contact the exclusive sales and marketing agents at Blue Commercial.

*Renders are indicative only (photos 4 to 5)