For Sale by Expressions of Interest
This remarkable offering on 2 titles consists of a 3 level , mixed use zoned building on a 546m2 allotment and a vacant 471m2 allotment currently used for parking with income from the signboard at the front boundary.
The property has been reluctantly placed on the market for the first time in over 50 years and the owner has given clear instructions that the property is to be sold.
Transport options including the council bus service and high speed CityCat ferry service to the city and beyond, offers an extremely rare opportunity to acquire a quality investment with significant development upside.*
Outstanding features of this exciting opportunity include;
> Total area is 1,017m2 with 24.5m frontage approximately
> 281 Shafston Avenue. RPD: Lot 4 RP11418 Zoning is MU1 Mixed Use
> 285 Shafston Avenue. RPD: Lot6 RP11419 Zoning is MU1 Mixed Use
> The vacant land (281 Shafston Ave) has income from the Billboard
> The building includes 2 x 4 bedroom Flats, 1 X 3 bedroom Flat plus 2 Commercial leases
> The 2 properties are on separate titles and settlement of both properties will
be required to occur (Contemporaneously) at the same time.
Positioned in a prime location just 2km from the Brisbane CBD ensuring these 2 properties present an exceptional opportunity that is not to be missed, so register your interest now to avoid disappointment.
Expressions of Interest closing Wednesday 14th July at 2:00pm if not SOLD prior.
*Subject to Council Approval
This property is being offered for sale without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for functionality purposes.