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60 Underhill Avenue, Indooroopilly QLD 4068

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60 Underhill Avenue, Indooroopilly QLD 4068

60 Underhill Avenue, Indooroopilly QLD 4068

Properties / Sold / Queensland / Indooroopilly
Development Potential

1. Property Summary

Property Type
Residential, Commercial, Mixed Use
Sub Type
Apartment Sites, Retail/Shopping Centre
Land Area
825 m² (*approx)
Zoning
MU2
Local Government
Brisbane
Selling Method
EOI: Closing Friday 18th November at 3pm, if not Sold prior
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2. Property Highlights

Highly Exposed Service Station Investment with Strong Upside

60 Underhill Avenue is a highly sought freehold opportunity superbly located on a high exposure intersection on the doorstop of Ind825ooroopilly Shopping Centre.

- 825 sqm land holding with over 40 metres of frontage
- Favourable mixed-use zoning
- Strong development potential for up to 6 levels (STCA)
- Concept plans for 25 apartments & 180 sqm* retail
- Leased to successful tenant until 31/5/2025 with 2x5 year options
- Net Income of $139,554.24* p.a
- Low maintenance & easy to manage, secure investment

Opportunities like these rarely become available & we strongly encourage your genuine interest.

Expressions of Interest Closing Friday 18th November at 3pm, if not Sold prior.

Contact the Exclusive Marketing Agents & Inner-City Specialists C Property QLD.

STCA – Subject To Council Approval

*Approx.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

1. Property Summary

Property Type
Residential, Commercial, Mixed Use
Sub-type
Apartment Sites, Retail/Shopping Centre
Land Area
825 m² (*approx)
MU2
Local Government
Brisbane
Selling method
EOI: Closing Friday 18th November at 3pm, if not Sold prior

2. Property Highlights

Highly Exposed Service Station Investment with Strong Upside

60 Underhill Avenue is a highly sought freehold opportunity superbly located on a high exposure intersection on the doorstop of Ind825ooroopilly Shopping Centre.

- 825 sqm land holding with over 40 metres of frontage
- Favourable mixed-use zoning
- Strong development potential for up to 6 levels (STCA)
- Concept plans for 25 apartments & 180 sqm* retail
- Leased to successful tenant until 31/5/2025 with 2x5 year options
- Net Income of $139,554.24* p.a
- Low maintenance & easy to manage, secure investment

Opportunities like these rarely become available & we strongly encourage your genuine interest.

Expressions of Interest Closing Friday 18th November at 3pm, if not Sold prior.

Contact the Exclusive Marketing Agents & Inner-City Specialists C Property QLD.

STCA – Subject To Council Approval

*Approx.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

3. Property Location

60 Underhill Avenue, Indooroopilly QLD 4068

Property Map

4. Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into DevelopmentReady to allow access

Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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Download Report