Look at these amazing shops boasting a great return, approximately 200 metres from the Bald Hills railway station and just over 400 metres from the Bruce Highway, within the Bald Hills commercial precinct.

The current owner has prepared drawings and plans ready to be lodged with council to apply for Development Approval. The envisioned project that has been designed is for a mixed use building with 200sqm of retail space on the ground floor and fourteen by two bedroom units, allowing for a total of 23 car parks. The development appears to be fully compliant with the Brisbane City Town Plan.

The site is 1012m2 in area with a 20 metre frontage to Bald Hills Road. There is a gentle gradient falling northwards and the properties on either side are zoned commercial with residential to the rear.

The site is zoned Suburban Centres (MP3). Brisbane City Council has confirmed that MP3 can provide a variety of services.

Currently there are three shops and a large storage area and all available area is fully leased.

Shop 17(a) is 50m2 and is currently leased at $11,964 per annum plus GST plus outgoings.

Shop 17(b) is 139m2 and is currently leased at $19,843 per annum plus GST plus outgoings.

Shop 17(c) is 141m2 and is currently leased at $21,150 per annum plus GST plus outgoings as well as a storage area of 275m2 at the rear of the lot at $18,720 per annum.

Not only is this a great investment property but it also offers so much more potential just waiting for the astute investor or developer to take advantage of. Call now for more information on this property.

1012m2 of MP3 zoned land
Three shops
Storage space
Potential for DA
200 metres to train station
Returns $71,677 nett
605m2 of net lettable area
Drawings and plans provided
400 metres to Bruce Highway