Case Studies

79a and 83 Cribb Avenue, Mitchelton QLD

A 2. Ha* site located 1km* north of the Brisbane CBD in the suburb of Mitchelton.

The property is designated Low Density Residential and Open Space Zone, offering townhouse, aged care / retirement or residential subdivision potential (^STCA).

We received a strong level of interest in response to the opportunity with 94 enquiries received throughout the campaign.

Interest received from a broad range of development groups, including both public and private groups in addition to aged care/retirement groups. The location of the site was seen as the main point of attraction as it sits within a well-established suburb close to major amenities and infrastructure.

The site was sold at close of Expressions of Interest to a private buyer.

Sales Analysis*
Method of Sale:Expressions of Interest
Marketing Time Frame:6 weeks
Sale Date:December 2015
Total Enquiries:94
Marketing Budget:$4,844.00
Total Offers Received:14
Sale Price:Confidential


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