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
When Cahill Plumbing approached Mark Montague at RWC Bayside, they had a set of very specific requirements for new premises in a very particular region of Brisbane’s Bayside. Mark’s first step was to thoroughly understand Cahill Plumbing’s requirements. Their new space needed to be larger than their existing premises, include … Read more
In the heart of Cleveland’s town centre, 137 Queen Street presented a unique off-market opportunity for an owner-occupier in the allied health field. This high exposure site caught the eye of prospective buyers seeking the ideal location for their business. However, as negotiations progressed, an unexpected hurdle surfaced – the … Read more