Two Commercial Buildings With Development Upside

5 Wolfe Street, West End QLD
category
Industrial/Warehouse
Land Size
1118 m²
floor Size
1105 m²
Car parks
10
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Gard Property is pleased to exclusively present 5 Wolfe Street & 6 Greet Street, West End for sale via Expressions of Interest. The subject properties have dual street access, a combined land area of 1,118sqm* and are strategically improved by two freestanding office/warehouse buildings. These characteristics offer flexibility; develop, occupy, reposition or invest in a proven mixed-use precinct.

A 100% interest in 5 Wolfe Street & 6 Greet Street, West End is offered for sale via Expressions of Interest.

Key Highlights:
• Site Area: 1,118sqm* regular shaped site over 2 lots located just off Montague Road with dual street access
• Built Improvements: A combined 1,105sqm* of floor area across 2 freestanding assets with 10+ car parks
• Zoning: Zoned HDR1 High Density Residential, the site enjoys a code assessable allowable height of 7 Storeys STCA
• Holding Income: The property is leased to a diverse tenant mix providing a net return to incoming purchasers
• Lease Structures: The assets have favourable lease structures to support a range of development or repositioning strategies
• Location: West End benefits from its immediate proximity to South Brisbane, the CBD and the riverfront, and continues to evolve through sustained public and private investment which has improved connectivity, walkability and local amenity.

For Sale by Expressions of Interest.

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