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Gregory Woods from Savills and Aron Burtenshaw form Chase Commercial are selling an outstanding Brisbane city fringe building at 59 Melbourne Street, South Brisbane, Queensland, Australia. For more information please contact:
- Located in the heart of the Southbank Precinct opposite QPAC, Brisbane Convention and Exhibition Centre, Museum, State Library, GOMA and in very close proximity to Little Grey Street Restaurant precinct
- Freehold opportunity. Currently strata titled into three units which are available "in one line" resulting in WHOLE of building ownership, allowing versatile and economical ownership structures
- 540sq m MP2 zoned land
- Currently part leased returning a gross annual income of $151,000*
- 2 level, 602sq m* NLA, with at grade parking for 13 vehicles
- Two street frontage: 20m* of frontage to Melbourne Street 11m* of frontage to Fish Lane
- Ideal superfund investment
- Medium term redevelopment upside. A maximum building height of 10 storeys is permitted (subject to Brisbane City Council approval)