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,…
A residential development site situated within the established northern suburb of Brendale.
The sale comprises a 1.347ha irregular shape site, situated at road height, having a generally level contour with a northerly aspect.
The property is zoned “General Residential – Next Generation Neighbourhood Precinct” and was sold with no approvals in place.
The site was offered to market via a six (6) week marketing campaign which closed on Wednesday 20 April 2016.
At the completion of the campaign 42 enquiries were received, and a total of 4 offers to purchase were put forward. The successful party acquired the site for $1,550,000 (GST Inclusive).
Sale Analysis* | |
Method of Sale: | Expressions of Interest |
Marketing Timeframe: | 6 Weeks |
Sale Date: | June 2016 |
Total Enquiries: | 42 |
Total Offers Received: | 4 |
Total Realisation: | $1,550,000 |
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…