828 Old Cleveland Road Carina QLD 4152

RWC Gateway is proud to present 828 Old Cleveland Road for sale via Expressions Of Interest.
An incredible opportunity to acquire a freehold, multi tenanted investment in the heart of Carina's commercial precinct.

The specifics:
• 1100*sqm of building area across 2 levels
• 1486*sqm District Centre site with dual street access (Old Cleveland Road & Waratah Avenue)
• Diverse tenancy mix with Medical / Allied Health, Retail, Fitness, Consulting etc
• Current gross income of $414,385* P.A + GST
• Rental income increasing to $420,236 P.A + GST by September 2024 with upcoming rental reviews
• Significant redevelopment potential with a 4 storey building height limit (STCA)
• 22* On site parking spaces
• Population of 66,636* within a 3*km radius of the property and a household medium income of $136,827* ^
• 4*km to the Gateway Motorway
• 8.5*km to Brisbane CBD
• 16*km to Brisbane Airport

828 Old Cleveland Road boasts an expansive 43m* frontage to Old Cleveland Road, one of Brisbane's main arterial road connecting Capalaba to Stones Corner. Investors & developers have the opportunity to acquire a strategic investment that not only provides a steady income stream but also offers the added benefit of being a significant land holding in a prominent location in Brisbane's strong real estate market.

Contact the exclusive selling agents at RWC Gateway to learn more about this exciting opportunity and to arrange your private inspections.

This property is now for sale via private treaty, please contact sales agents for further information.
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* Approx.
^IQ Census