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514 South Pine Road
Everton Park QLD 4053
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Sold on 27 Jun 2024

514 South Pine Road Everton Park QLD 4053

  • Development / Land
  • 961 m²
  • Sold

Rare High Profile Brisbane Metro Opportunity | First Time Offered To Market in 40+ Years

    Burgess Rawson is pleased to offer to the market 514 South Pine Road, Everton Park QLD for sale via our Investment Portfolio 169.

    This opportunity has the following key investment highlights:

    + Fully leased to long-term tenants providing significant holding income
    + Existing tenants on short term leases at below market rental rates allowing for immediate rental upside or reposition
    + High exposure 961sqm* freehold site with prime frontage to South Pine Road providing exposure to 50,000 vehicles passing daily*
    + Desirable 'DC1 District Centre' zoning allowing for a multitude of development outcomes, including 4 storey building height (STCA)
    + Well maintained 463sqm* NLA two storey retail & office building with outstanding frontage and signage exposure
    + Dual street access with important 15 on-site car parks
    + Unrivalled retail position directly opposite complementary national retailers Woolworths, Coles, Harvey Norman, Anaconda, Amart Furniture, BCF, Rebel, Spotlight, Supercheap Auto & KFC
    + Everton Park: blue-chip inner-city suburb only 7km* from the Brisbane CBD with median house prices increasing 10.6% in the last 12 months
    + Brisbane City: third largest city in Australia, with a population forecast to grow by 230% to 4.2 million residents by 2050
    + Gross Holding Income: $121,386 pa* + GST

    For Sale by Investment Portfolio Auction
    10:30am AEST Thursday 27 June 2024
    The Hilton, Brisbane

    Bidder registration required, register at portfolioauctions.com.au

    Please contact the exclusively appointed Burgess Rawson team for more information.

    *Approx.

    AUCTION

    Auction date and time27/06/2024 10:30
    Auction locationThe Hilton, Brisbane
    Burgess Rawson Queensland
    Burgess Rawson Queensland
    Level 13, 241 Adelaide Street
    Brisbane City, QLD 4000

    Property Highlights

    Date Sold27 Jun 2024
    Floor Area463 m²
    Land Area961 m²
    ParkingAsk Agent
    Property ID2019275030
    Category
    Last updated  1 Jul 2024
    Map for 514 South Pine Road Everton Park QLD 4053
    Burgess Rawson Queensland
    Burgess Rawson Queensland
    Level 13, 241 Adelaide Street
    Brisbane City, QLD 4000

    Property Highlights

    Date Sold27 Jun 2024
    Floor Area463 m²
    Land Area961 m²
    ParkingAsk Agent
    Property ID2019275030
    Category
    Last updated  1 Jul 2024

    Co-Agents

    Tom Lawrence
    Tom Lawrence
    Burgess Rawson Queensland
    Call
    0409 354 492
    Craig Chapman
    Burgess Rawson Queensland
    Call
    0427 110 132

    More about 514 South Pine Road Everton Park QLD 4053

    514 South Pine Road Everton Park QLD 4053 is categorized as Land & Development Property. It has a floor area of 463 m² and a land area of 961 m². The listing ID for this property is 2019275030.

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