Elders Commercial Brisbane are pleased to offer to the market for sale 147 Musgrave Road, Red Hill. This mixed use site offers 3 retail/office spaces, 2 small residential flats and a warehouse to the rear of the block. This regular shaped lot in one of Brisbane's prime City Fringe locations offers huge potential to the right purchaser. The opportunity presents itself to hold for growth & returns, develop the site to maximise its potential or add value to increase future returns.
Other features of this great opportunity include:
- 725sqm (approx) NLA with great exposure to Musgrave Road
- 1179sqm (approx.) Land zoned Neighbourhood Centre (NC)
- Six (6) car parks at the front of property and a further 9 (nine) at the rear
- High exposure position with great access
- Development potential or extensions to existing buildings (STCA)
- Month to month holding income in place as of August 2015
- Vendor instructions are clear – This Must Be Sold!
For more information on this rare opportunity or to arrange an inspection, contact Exclusive marketing agents at Elders Commercial Brisbane!
