459-461 GOLDEN FOUR DRIVE, TUGUN QLD
Tugun Beach IGA This transaction set a new benchmark (sub 4 per cent fully-leased yield) for IGA’s in Queensland. Moreover,…
The sale is 2.0879ha parcel of land, situated within Brisbane’s southern growth corridor.
The property comprises two contiguous allotments, which form a regular shaped site, situated at road height and sloping gently to the rear northern boundary.
The sale is zoned “Rural”, and is subject to a number of environmental overlays, including an “Overland Flow Path”.
Kuraby is located 20 minutes south of the Brisbane CBD, within Brisbane’s southern growth corridor, and is considered to be an established suburban Locality.
The subject property is centrally located and is well serviced by a wide range of public and private infrastructure including Kuraby railway station, Underwood Marketplace, Sunnybank Plaza and Springwood Commercial Precinct.
The property was sold under the hammer to a local purchaser, after a five (5) week marketing campaign, which generated 63 enquires, with 6 registered bidders at auction.
Sales Analysis* | |
Vendor: | Brisbane City Council |
Method of sale: | Auction |
Marketing timeframe: | 5 weeks |
Total enquiries: | 63 |
Registered bidders; | 6 |
Sale date: | 03/16 |
Sale price: | $910,000 |
Tugun Beach IGA This transaction set a new benchmark (sub 4 per cent fully-leased yield) for IGA’s in Queensland. Moreover,…
Built upon the site is a two level commercial building with 8 car parks, originally purpose built by Commonwealth Bank…