If you had a penny for every parcel of land available in the prime area of the City CBD…well, you’d be pretty poor indeed; such is the rarity of new, vacant land available for development in the area.

So, this 900 square metre pocket of opportunity on Lockyer avenue presents a ‘once in a blue moon’ chance to start your foiree into industrial/retail property development and benefit from the earnings.

Its attention seeking capability is evident from the very first drive by, an extra wide frontage, positioned near a busy intersection, in a location just a few steps from one of the biggest clusters of retail in the CBD- it may as well have Vegas style neon lights flashing as a beacon to customers.

The current building offering on the two titles is an older cottage style home which could undergo a quick cheap makeover or you desire a steady rental income while you plan your new development. It features character style bedrooms with floorboards, high ceilings and original floorboards, a country style veranda, old style kitchen and bathroom facilities. Certainly past its prime and in need of some elbow grease to make it liveable, but an option all the same.

Next door is a small refurbished showroom and office space and a couple of parking spaces which will soon be available for vacant possession for your business affairs. Its wood look flooring and stylish lighting have given it a modern twist, and there’s a staff room and kitchenette facilities, as well as storage behind the scenes separate to the main showroom.

But the real boon of the block would be taking a wrecking ball to the lot and starting from scratch, making use of new building technologies to gain a brand spanking new, custom designed facility, fast!

With such a prime location, it would be in high demand from retail/ service industry tenants and therefore you could build with their needs in mind. If it’s your own business you are building, then you can rest assured the client base simply can’t miss you, your branding will be in the face of thousands on a daily basis, which will boost your success.

With room to move on the block, you can create spacious premises with room for plenty of parking for your customers, and street front exposure that is second to none.

Just reduced by over 300k- its red a hot potato!!

What you should know:
- Prime commercial development site
- 900 square metres- two titles
- Wide frontage with high exposure
- Metres from major retailers
- Existing home and small showroom