28-38 Old Cleveland Road, Stones Corner, QLD 4120

Offices | Retail | Showrooms

For Sale $9,000,000 Plus

  • Property ID: 361601
  • Floor Area: 2400m²
  • Land Area: 1977m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Prime Owner-Occupier or Value-Add Opportunity

RE/MAX City is proud to offer for sale a rare city-fringe, freehold purchasing opportunity located at 28-38 Old Cleveland Road, Stones Corner.

28-38 presents a unique owner occupier or value add investment opportunity in the current low interest rate environment. The 2,400m2 fitted out building is positioned on a 1,977m2 block over 2 titles. The building is made up of five commercial tenants and one residential tenant, 4 of which are currently occupied, the largest vacant space available being a high-quality institutional grade commercial office building with campus style floorplan, previously leased by long term tenant Australian Institute of Applied Science.

• Prime 1,977m²* land holding over 2 lots
• 2,400m²* of fitted out building area
• Certificate of Classification
• $122,353.06* net holding income from 4 commercial properties
• Attractive earning potential
• Disability access / Connected access from bus station to premises
• 38 car spaces in a secured basement / off street parking available
• 40m* frontage to the Old Cleveland Road retail strip
• Local Neighbourhood Plan allows 6 level development
• Premium opportunity for owner occupiers, investors and developers – occupy, re-tenant, re-position, redevelop

Located only 4 km from Brisbane CBD, Stones Corner is a mixed-use precinct, with established retail, restaurant, office and residential land use. It has excellent access to public transport including bus and train and easy access to all arterials including South East Freeway, Clem 7, Airport Link and Gateway Motorway.

Please contact Marketing agent Chris Esdale for further information and to schedule your inspection.


*Approx

Stones Corner Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $366 ---
Offices $4358 $391 8.98%
Retail $4358 $443 10.17%
This is the average advertised price, rent and yield for Stones Corner, QLD 4120*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in QLD for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* 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.

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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