514 South Pine Road Everton Park QLD 4053

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.