Teneriffe Site with Character Improvements or Development Potential

SOLD

14 Helen Street

Teneriffe QLD 4005

Land

FOR SALE

807m2

Ray White Industrial Milton (Exclusive Agent) is proud to offer 14 Helen Street Teneriffe For Sale by Expressions of Interest, closing AEST 5pm,Thursday the 7th of May 2015.

Features:
- 850 sqm of MU1 (Mixed Use Inner City) Zone Land
- 19.3 metres approximately of frontage to Helen Street
- 807 sqm brick warehouse improvements
- Building fitted with suspended ceiling and air-conditioning
- Significant kitchen and bathroom facilities
- Passing income to ASX listed tenant with expiry February 2016 (nil options)

Potential +
- Scope for investors/speculators to reset thee Lease profile upon its expiry
- Scope for owner occupiers to occupy circa March 2016
- Scope for developers to have vacant possession circa March 2016

Location:
Helen Street is a direct feeder off Skyring Terrace and Commercial Road. Both of which connect to Ann Street and Wicham Terrace. Skyring Terrace meets with Vernon Terrace and Macquarie Street, providing a number of options to Brunswick Street.

Teneriffe is approximately 2 kilometers from Brisbane's GPO, and the subject property is nearby the major FKP development "Gasworks". Providing a very high level of retail amenity to the area such as; banking, Woolworths, food, beverage and service industry.

Public transportation is strong to Teneriffe; City Glider service to Commercial Road, rail station at nearby Fortitude Valley, and Teneriffe City Cat which is only a few hundred metres from the site.

Contact:
Paul Anderson on 0438 661 266 or paul.anderson@raywhite.com to receive a copy of the Information Memorandum.