Sold | Retail/Shopping centres/Petrol stations, Land Development, Retail/Shopping centres/Petrol stations, Land Development, Medical/Consulting rooms, Retail/Shopping centres/Petrol stations, Sales showrooms/Bulky goods | 292 Montague Road, West End QLD 4101 | Contact Agent

Development Opportunity, Holding Income

Rarely is a corner property available on Montague Road

This one is on the corner of Vulture Street, one of the main entry points to Montague Road

With an $70,000 income approximately for another 2 years and no options this offering is perfectly positioned for you to gain a development approval

for a mixed use 4 storey ( subject to council consent ) building

Capitalise on West End 's forecast 6% plus economic growth forecast for the next 5 years as thousands of apartment residents need business services.

Your tenant here is a well established business with solid market share in their chosen business.

Alternatively the solid brick 2 storey building can be refurbished for a retail /office development.

This property is proudly listed by:

First National Real Estate Metro 115 Boundary Street
West End QLD 4101

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Additional information

Property Type Retail/Shopping centres/Petrol stations, Land Development, Retail/Shopping centres/Petrol stations, Land Development, Medical/Consulting rooms, Retail/Shopping centres/Petrol stations, Sales showrooms/Bulky goods
Property ID 41022111292
Street Address 292 Montague Road
Suburb West End
Postcode 4101
Price Contact Agent
Land Area 554 sqm (approx)
Building Area 486 sqm (approx)
Date Available Now