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 an approved residential development site, situated in Brisbane’s southern growth corridor.
The property comprises a 1.019ha regular shaped inside allotment, situated at road height having a generally level contour, with a southerly aspect.
The property is zoned “Emerging Community”, and has approval for a residential development comprising 38 x 3 bedroom townhouses and a single freehold lot of 529m².
Doolandella is located approximately 18 kilometres south west of the Brisbane CBD, within Brisbane’s southern growth corridor, which is earmarked for substantial future growth.
The locality benefits from close proximity to community infrastructure and a wide range of amenities including Forest Lake Village Shopping Centre, primary and secondary schooling options, and a number of child care centres.
The property was offered to market via a six (6) week Expressions of Interest Campaign, which closed on Wednesday 23 March 2016.
At the completion of the campaign, 74 enquiries had been received, and a total of 6 offers to purchase were put forward.
Sales Analysis* | |
Vendor: | Private Local Developer |
Method of sale: | Expressions of Interest |
Marketing timeframe: | 6 weeks |
Total enquiries: | 74 |
Total offers received: | 6 |
Sale date: | 04/16 |
Sale price: | $1,700,000 |
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…