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Sold in Oct 2024

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MAIN ROAD FREESTANDER

53 Toombul Rd, NORTHGATE, QLD, 4013


  • 2553 sqm
  • 1265 sqm
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MAIN ROAD FREESTANDER

53 Toombul Rd, NORTHGATE, QLD, 4013


  • 2553   sqm
  • 1265 sqm

MAIN ROAD FREESTANDER

Property ID: L5101327 |

  • 2553 sqm
  • 1265 sqm

"This property presents as an ideal opportunity to occupy, invest or re-develop STCA with frontage to one Brisbane's busiest Roads. Toombul Road with exposure to approximately 30,000 cars per day and is just minutes from the Gateway Motorway.



The property features:
- 1,265sqm* under roof area across two buildings
- 2,553sqm* allotment zoned General Industry
- Solid holding income of $68,304*
- Building 1 totals 620sqm* and is made up of industrial/mechanical workshop space, office/showroom and mezzanine office/storage, 5 roller doors
- Current user has installed a heavy vehicle service pit visible in photo 5
- Building 2 totals 645sqm of industrial space and attracts a holding income of $68,304 per annum
- Building 2 has ability to be operated as 4 tenancies, and significantly increase holding income
- The existing improvements offer an automotive/mechanic related business to walk in and trade, however the property also presents as a quality value-add investment or development site**

Toombul Road is one of the main connectivity arterials linking the Northern suburbs of Brisbane to the CBD, Airport and Coasts.

For further details or to arrange an inspection contact Dugan & Co Property.

Approx.*"

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Sold in Oct 2024