News

Cleveland CSIRO Site Sold For $3.4M

By Aaron Hivon

A substantial CSIRO property on Brisbane’s bayside has been sold by Ray White Commercial for $3.4 million.

The mixed use development site at Toondah Harbour, Cleveland, was sold to Redland City Council by Ray White Special Projects Queensland Directors Mark Creevey and Tony Williams and Ray White Commercial Bayside Director Nathan Moore.

“The Toondah Harbour precinct has been identified by the Redland Council for significant mixed use development,” Mark Creevey said.

“The site is located next to the Stradbroke Island Ferry Terminal and has been used by CSIRO as a marine research facility for more than 30 years.

“The property has direct access to and wide views over Moreton Bay towards the popular tourist destination of North Stradbroke Island.”

Tony Williams said the 2ha site at 233 Middle Street comprises six adjacent lots and includes approximately 4000 sqm of commercial buildings.

“Positioned at the end of Middle Street, Cleveland, and with frontage to Toondah Harbour, this is a landmark location,” Mr Williams said.

“The site is only 1.5km from the growing Cleveland CBD and 26km from Brisbane’s city centre.”

Up to Date

Latest News

  • Prevent High Water Consumption Bills and Costly Repairs

    With numerous people using bathrooms and kitchen facilities each day, commercial properties commonly use a substantial amount of water. Leaking taps and pipes will escalate water consumption, and if not identified and fixed early, can lead to a significant increase in water bills and costly repairs. Commercial facilities with toilets, … Read more

    Read Full Post

  • I’VE FOUND A GREAT COMMERCIAL SPACE, BUT HOW DO I CLOSE OUT THE DEAL?

    You’ve got a great business idea. You’ve been searching for the right property for months, monitoring up-and-coming areas, and trawling the internet religiously. Then one day that space that’s perfect for selling your unique brand of widget has a ‘for lease’ sign in the window. The agent gets you through … Read more

    Read Full Post