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
In the heart of the thriving Underwood Industrial Estate, 1 & 2/20 Darnick Street stood as a pair of overlooked gems – two 300m² units, each with 30m² mezzanines, waiting for their potential to be unlocked. The property’s owner was blissfully unaware of the untapped value within his premises until … Read more
RWC Bayside had been long-term property managers of the commercial property at 96 Redland Bay Road, Capalaba, and following an unfortunate turn of events including the passing of one of the original owners, Nathan Moore was entrusted with the task of selling the unique showroom in the heart of SEQ’s … Read more