2-14 Weippin Street, Cleveland, QLD 4163

Medical | Development/Land | Offices

For Sale Contact Agent

  • Property ID: 319968
  • Floor Area: 23231m²
  • Land Area: 97300m²
  • Occupancy: Vacant
  • NBN Availability: Build Commenced

+ 97,830 sqm brownfield site offering instant scale and a long-term development pipeline in major hospital precinct.
+ Directly opposite Redland Hospital (222 beds)
and Mater Private Hospital (60 beds).
+ New 'Specialised centre' zoning proposed to
support medical and ancillary uses including medical services, research, education, manufacturing, retirement living, and aged care.
+ Concept schemes prepared for 'health &
wellness' master planned precinct.
+ Situated within Redland City where the number of retirement age residents has
increased at nearly four times the rate of general population over the past ten years.
+ Attractive initial returns during planning fhase courtesy of significant holding income o
$3,038,574 p.a. Via two industrial warehouse and one medical facility.
+ 3.1 year WALE underpinned by blue chip tenants such as the State Government (QLD Health) and Fisher & Paykel.
For sale via Expressions of Interest closing 12pm, Thursday 28 September, 2017

Cleveland Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $2809 $141 5.02%
Retail $5120 $390 7.61%
Offices $4921 $297 6.04%
This is the average advertised price, rent and yield for Cleveland, QLD 4163*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
Agency Details

CBRE Brisbane

Level 3, Waterfront Place, 1 Eagle Street, Brisbane City, QLD 4000

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Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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