Development Opportunity, Holding Income
SOLD
292 Montague Road
West End QLD 4101
Retail
FOR SALE
486m2
- Floorplans View Floorplan
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 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.