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SOLD

159-177 Progress Road, Richlands QLD 4077

Properties / Sold / Queensland / Richlands

Development Potential

1. Property Summary

Property Type

Commercial, Industrial, Residential, Child/Healthcare

Land Area

3.12 hectares (*approx)

Selling Method

EOI: Closes at 4pm AEST on Thursday 4 November 2021

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2. Property Highlights

Precinct defining development opportunity

Colliers and JLL are pleased to present 159-177 Progress Road, Richlands for sale by Expressions of Interest.

159-177 Progress Rd in Richlands presents a strategic opportunity for to acquire a 3.12 Ha* District Centre zoned development site in Brisbane’s surging western corridor. The large size of the site will appeal to a multitude of potential users as well as developers and investors looking for an ‘at scale’ precinct creating opportunity.

The flexible zoning will allow for a broad range of development outcomes including fuel, retail, showroom, outdoor retailing, recreational, childcare, medical, storage, light industrial and residential.

Highlights of the opportunity include:

•3.12Ha* urban land parcel
•District Centre (Corridor) zoning
•182m* frontage to Progress Road
•Close to Richlands train station and bus interchange
•Easy access from the Centenary Highway
•Adjacent to fully leased Home Co centre and other retail
•Catchment includes major SEQ growth housing estates
•Strong demand from national tenants to be represented in this precinct
•Established access to all services

Expressions of Interest close at 4pm AEST on Thursday 4 November 2021.

Please contact the exclusive agents below for a confidential discussion about the property and to receive the Information Memorandum.

Approx*