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.
|Sale Process||Private Treaty|
|Land Area||4,856 sqm*|
|Building Area||1,218 sqm* + Telstra Tower|
|Vendor||Ammarose Pty Ltd|