Main Road Asset | Reuse or Redevelop

1437 Logan Road, Mount Gravatt, Queensland 4122

Office For Sale

Private Treaty
Floor Area: 7,417.00 m2.    

Car Spaces: 78   

Description

Colliers International present 1437 Logan Road, Mt Gravatt to the market for sale.
1437 Logan Road is a unique freehold office building, prominently positioned at the intersection of Logan and Creek Roads.
The property offers the options of reusing the substantial existing improvements or near term redevelopment under the current Development Approval or new development scheme to suit alternate uses.

The current Development Approval, which expires in August 2017, comprises a Retail, Commercial and Residential project with a GFA of approximately 14,520 m². This design will capitalise on the accessibility and high visibility at this major junction.

- Land area 7,417m²*
- Existing GFA: 3,488m²* plus covered areas
- Three level freestanding concrete framed office/ warehouse/ showroom
- 78 existing on grade car parks with additional car parking land and/or handstand
- Three street frontages to Logan Rd, Gowrie & Tenby St
- Current gross income $48,767 PA*
- District Centre (Corridor) 2 zoning: Mt Gravatt Central Mixed Use Frame
- DA approval in place for 111 apartments, 1,800m² of retail space and 3,170m² of commercial office space.

*approx

Features

  • Land area 7,417m²
  • Three street frontages
  • 78+ car parks
  • DA approval

Specifications

Council District Centre Corridor 2 zoning Mt Gravatt Central Mixed Use Frame

Map

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