Located in Redland’s most prominent large format retail precinct, this 4,856sqm* site with 1,218sqm* showroom complex was sold via an off-market transaction. Current tenants include Barbeques Galore and Bolt King Capalaba. A large section of the site at the rear is available for development.
A development approval has been issued for 1,500sqm* of additional retail showroom.
The purchaser owns other significant assets on Redland Bay Road and sees this as a further strategic acquisition.
| Sold Date | 10/09/2020 |
| Sale Process | Private Treaty |
| Sale Price | $6,500,000 |
| Land Area | 4,856 sqm* |
| Building Area | 1,218 sqm* + Telstra Tower |
| Vendor | Ammarose Pty Ltd |
| Purchaser | Private Investor |
* Approximately
The sale of the commercial landholdings at 7 and 9 Green Street; 8, 10, 12 and 16 Burke Street; 220, 234 and 236 Tingal Road; 11 Green Street and 206 Tingal Road; and 18 Burke Street and 15 Green Street, Wynnum represents a complex, multi-layered transaction requiring careful coordination between long-standing ownership, an established tenant, … […]
The sale of the consolidated development site at 22 Waterloo Street, 140–146 Queen Street and 24–26 Taylor Crescent, Cleveland represents a considered and strategically executed transaction within the Cleveland business centre. Comprising a total land area of 5,223m² across seven separate titles, each with individual street frontage and access, the site offered flexibility and scale … […]