RWC Queensland has the pleasure to offer 478 Logan Road Greenslopes in Brisbane, Queensland to the market.
With an existing vacant commercial building, this property offers multiple opportunities (STCA^) including:
- Occupy the existing commercial building;
478 Logan Road Greenslopes is a prominent allotment with a modern two-storey commercial building strategically positioned 3 kilometres* from the Brisbane CBD and just 1.25 kilometres* from one of Queensland's largest Healthcare precincts - the 'Boggo Road Precinct' (incorporating the Princess Alexandra Hospital) and only 1 kilometre* from the Greenslopes Private Hospital.
- High traffic exposure with 151,200* vehicles weekly.
- Net Lettable Area - 592m²* + 11 car parks.
- Building Class 9b (Tenancy Fitout for School approved for 296 people).
- Land Area - 809m²* (20.1 metre* street frontage).
- Zoned MU3 Mixed Use (Corridor). 5 storey allowable building height^.
- Zoning allows for business, retail, service industry, residential, tourist accommodation, low impact industrial uses or activities, and more^.
- Immediately adjacent to the proposed 'Stones Corner Suburban Renewal Precinct'.
- Location set to benefit from over $6 billion* of infrastructure projects under construction, proximity to major health and medical research infrastructure, exceptional public transport connectivity and surrounding retail and lifestyle amenity.
- Situated just 2 kilometres* from the 'Gabba' Sports Stadium which is set to be redeveloped for the 2032 Olympic Games.
A rare opportunity to secure a piece of this tightly held precinct. Huge potential for future capital growth and development.
For sale via Auction, In-Room, on Friday 06 September 2024 at 10.00am (AEST).
In-Room Auction Location:
Level 26, 111 Eagle Street, Brisbane QLD
OPEN FOR INSPECTION TIMES
Thursday, 15 August: 11.00am-11.30am
Tuesday, 20 August: 11.00am-11.30am
Thursday, 22 August: 11.00am-11.30am
Tuesday, 27 August: 11.00am-11.30am
Friday, 30 August: 11.00am-11.30am
Tuesday, 03 September: 11.00am-11.30am
Thursday, 05 September: 11.00am-11.30am
*Approximately (radial km)
^Subject to Council Approval
Image outlines/labels indicative only
The size of Greenslopes is approximately 2.5 square kilometres. It has 11 parks covering nearly 10.5% of total area. The population of Greenslopes in 2011 was 8,564 people. By 2016 the population was 8,939 showing a population growth of 4.4% in the area during that time. The predominant age group in Greenslopes is 20-29 years. Households in Greenslopes are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Greenslopes work in a professional occupation. In 2011, 42.5% of the homes in Greenslopes were owner-occupied compared with 40.8% in 2016.
Greenslopes has 4,687 properties. Over the last 5 years, Houses in Greenslopes have seen a 77.85% increase in median value, while Units have seen a 91.16% increase. As at 31 October 2024:
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