This 1,690sqm* site features a 670sqm* brick building with an additional 72sqm* of under-awning workspace, ample on-site parking, and a sealed hardstand area. Despite some challenges, such as low site coverage and limited potential for unlocking additional usable space due to the existing building’s location, the property’s strategic position at a high-visibility intersection offered significant appeal. Though a knockdown and rebuild was not immediately justifiable, the site’s long-term value made it a strong asset for potential investors.
Marketed by RWC Bayside agents Nathan Moore and Alex Sinclair on behalf of a private investor, the property attracted extensive interest during a four-week expressions of interest campaign. A targeted multi-channel marketing strategy generated 98 enquiries, 13 property inspections, and 10 formal offers. This strategic approach led to a highly competitive bidding environment, culminating in an unconditional contract signed just 48 hours after the campaign closed.
The vendor was extremely pleased with the strong offers and favourable terms presented, and a record-breaking sale price provided a compelling basis for finalising the agreement with the selected buyer.
This transaction highlights both the high demand for quality assets in key locations and the expertise of RWC Bayside’s Sales & Leasing team in creating tailored marketing strategies, delivering superior customer service, and negotiating optimal terms for their clients.
For a confidential discussion about buying, selling, or leasing commercial property in Brisbane’s Bayside and surrounding areas, contact Nathan Moore or Alex Sinclair at RWC Bayside.
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Nathan Moore – 0413 879 428
Alex Sinclair – 0487 183 573