Case Studies

162 Bloomfield Street, Cleveland

A 1,373sqm rectangular allotment with Principal Centre zoning, 162 Bloomfield Street is located in the heart of Central Cleveland, just 25km east of the Brisbane CBD.  While the site had most recently been operating as an antique shop, it had formerly been a service station and still had underground fuel tanks, with some still holding Super leaded petrol.  

Nathan Moore’s approach for the sale of this property began with the strategic execution of a customised marketing program which supported an expression of interest campaign. The activity attracted a considerable number of quality offers, and after some enterprising negotiations a contract was signed, marking the first step towards the redevelopment of the site.

However, the due diligence process uncovered some serious challenges with the potential to destabilise the sale.  With experience navigating complex commercial property transactions, Nathan Moore was able to work with the buyer to address the asbestos, contamination and vegetation issues, brokering solutions that remedied the points of contention and saw a slight adjustment to the sale price, ensuring a fair and mutually beneficial outcome for all parties involved. 

The settlement was successfully finalised in September 2023, marking the culmination of a transformative journey from an antiquated service station to a commercial property with endless potential. 

For those seeking a skilled and experienced professional to guide them through the complex commercial property landscape, Nathan Moore at RWC Bayside is the expert to contact. Don’t miss the opportunity to transform your commercial property goals into prosperous realities. Contact Nathan Moore at RWC Bayside today and embark on your journey towards commercial property success.

Nathan Moore – 0413 879 428

0
Up to Date

Latest Case Studies

  • 1 & 2/107 Old Cleveland Road, Capalaba

    Following a catastrophic fire, the premises at 89-107 Old Cleveland Road, Capalaba was completely destroyed. As the Property Managers of the entire site, the team at RWC Bayside played a pivotal role in navigating the complex aftermath of the fire. Collaborating closely with the property owner, insurers, and builders, we … Read more

    Read Full Study

  • 113 Russell Street, Cleveland

    Situated on a high-profile corner, 113 Russell Street, Cleveland had served as a workshop for over 50 years and included a mix of buildings, accommodation, and a large sealed hardstand with a fenced rear yard. The Principal Centre zoning presented a myriad of possibilities, including stand-alone commercial ventures, mixed-use developments, … Read more

    Read Full Study