Lots 1-4 Vernon Street, Atherton, QLD 4883

Development/Land

For Sale For Sale by EOI closing Thurs 31 August at 4pm

  • Property ID: 434416
  • Land Area: 5411m²
  • Occupancy: Vacant
Commercial Development Opportunity

Colliers Cairns, on behalf of Tablelands Regional Council, is seeking expressions of interest for the purchase and development of proposed freehold lots within the new Priors Creek Development in Atherton, North Queensland.

Tablelands Regional Council's Priors Creek Development precinct is set to extend the Atherton business district and encompass quality family oriented leisure areas and mixed-use space. The development is poised to boost economic growth in the region whilst becoming a key location for public events and activities.

Limited commercial development opportunities within the development offers sites ranging from 466m2* to 4,945m2*. The vision for the development of the sites allows for flexibility with lot configurations and sizing while promoting a mix of residential and holiday accommodation, retail, commercial, leisure and entertainment.

The available space is divided into two parcels with a combined area of approximately 5,411m2 across the precinct. Parcel 1 is a stand alone 466m2* site positioned within the parkland and amphitheatre area of the development. The site has the intended use of providing kiosk convenience or café services. Parcel 2 comprises a combined total of 4,945m2* on the corner of Vernon Street and Railway Lane. This lot provides for the option to purchase as one large lot or can be reconfigured into smaller lots. The site is intended to provide accommodation, retail and commercial amenities.

The parcels are available individually or in one line to suit the developers' requirements.

Features:

-First mover advantage as part of the new Priors Creek Development
-Central location with immediate access to Main Street
-Flexibility with lot configuration and sizing
-Limited prime commercial and residential development opportunities in the region
-Options for mixed-use development
-Future key location for public events and activities

The opportunities are being offered for sale by expressions of interest closing Thursday 31 August at 4pm. The expressions of interest campaign will be followed by a Request for Tender process with shortlisted parties.

For more information, contact your preferred agent.

*approximately

All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Colliers - a leader in global real estate services, defined by our spirit of enterprise. Through a culture of service excellence and collaboration, we integrate the resources of real estate specialists worldwide to accelerate the success of our partners. We represent property investors, developers and occupiers in local and global markets. Our expertise spans all property sectors - office, industrial, retail, residential, rural & agribusiness, healthcare & retirement living, hotels & leisure. Colliers is Australia's own global real estate success story.

Atherton Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $1161 --- ---
Industrial --- $168 ---
Offices --- $181 ---
This is the average advertised price, rent and yield for Atherton, QLD 4883*
* 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:

  • 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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