Name: 35-37 Mount Cotton Road, Capalaba, QLD 4157
Address: 35-37 Mount Cotton Road , QLD, Capalaba, QLD, 4157
Telephone: +61 421 170 033

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SOLD

35-37 Mount Cotton Road, Capalaba, QLD 4157

Properties / Sold / Queensland / Capalaba

Development Potential

1. Property Summary

Property Type

Commercial

Land Area

4,266 m² (*approx)

Zoning

PC Principal

Selling Method

EOI: Contact Agent

EOI Closing Date

28 Aug 2024 02:00PM

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2. Property Highlights

Former ALDI Supermarket Primed for Significant Repositioning in Metropolitan Brisbane

1,266m² existing supermarket-built form
71 On-grade and undercover car parking
39,000¹ vehicles pass the site per day

Colliers is excited to present a rare opportunity for an investor, developer, or owner-occupier to reposition a former ALDI Supermarket within metropolitan Brisbane, 20* kilometres southeast of Brisbane CBD.

The current built form, a 1,266m² former ALDI supermarket requires minimal fit outs and is ready for almost immediate occupancy once ALDI vacates. The 4,266m² site offers investors an excellent repositioning and development opportunity in a tightly held corridor within metropolitan Brisbane.

The site occupies a prime corner position at the intersection of arterial Mount Cotton Road and Moreton Bay Road servicing a combined 39,000¹ cars per day, ensuring significant site exposure. The catchment is underpinned by strong consumer demand and spending with $3.6 billion in local spending recorded in Redland City in FY2023².

Key Investment Highlights

- Flexible PC Principal Zoning providing an array of repositioning and development opportunities

- Large 4,266m² site area, only 20km* southeast of Brisbane CBD

- Tightly Held Corridor with pent up Tenant Demand

- Strong consumer demand with $3.6 billion in local spending in FY2023 with Redland City²

- Strong tourism industry with 980,000 domestic and international tourist visited Redlands City in 2022, generating $215 million in expenditure²

UNDER CONTRACT.

¹ AADT Segment Report

² Redland City Council

*approx.

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Development Potential