Name: 88-96 Adelaide Street, Maryborough QLD 4650
Address: 88-96 Adelaide Street QLD, Maryborough, QLD, 4650
Telephone: +61 488 799 229

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88-96 Adelaide Street, Maryborough QLD 4650

Properties / Buy / Queensland / Maryborough

Development Potential

1. Property Summary

Property Type

Commercial, Industrial, Mixed Use

Sub Type

Other, Retail/Shopping Centre

Land Area

0.59 hectares (*approx)

Selling Method

EOI: Contact Agent

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2. Property Highlights

Regional Investment with Value Add Development Potential

Land area of 5,942m2* zoned Principal Centre across 5 titles
Net lettable area 2,745m2* across 2 separate building
Multitude of future development options (STCA)

Colliers Toowoomba is pleased to present 88-96 Adelaide Street, Maryborough to the sale market via Expression of Interest.

Located in the Fraser Coast Region of South East Queensland and underpinned by ASX listed automotive powerhouse, AP Eagers 'Port City Autos' Adelaide Street offers an outstanding redevelopment opportunity with a secure net income of $379,871 per annum.

Features Include:
- Net income of $379,871 per annum with CPI > 3% increases
- Secure tenant covenant to 'Port City Autos Pty Ltd
- Land area of 5,942m2* zoned Principal Centre across 5 titles making a substantial development opportunity.
- Net lettable area 2,745m2* across 2 separate buildings
- Building one fronts comprises of a 1,300m2* semi modern showroom with administration hub and staff amenities plus a covered display area with a small workshop used for car detailing
- Building two offers a 1,550m2* modern high clearance workshop, with associated customer reception area, and parts/service area
- Additional improvements include a large 1,450m2* hardstand area is used for the display/storage of motor vehicles
- Multitude of future development options (STCA)

This site offers an astute Developer an opportunity to purchase a sizeable regional investment and capitalize on the Development potential for years to come.

For more information or to arrange an inspection, please contact Dan Dwan of Colliers Toowoomba.