Reposition/Redevelop Investment Opportunity

337 Logan Road, Greenslopes, Queensland 4120

Office For Sale

For Sale
Land Area: 2,618.00 m2.    Floor Area: 2,860.00 m2.    

Description

Colliers International, on behalf of the Vendor, are pleased to present 337 Logan Road, Greenslopes for sale via Offers to Purchase.

337 Logan Road, Greenslopes presents a unique opportunity to acquire a quality commercial building on a significant land parcel in one of Brisbane’s most established CBD doorstep locations. The property sits at the entry point to the popular Stones Corner retail strip which is undergoing a generational rebirth into a dining and lifestyle shopping strip for a new wave of residents and visitors. The major part of the property is leased to the Australian Institute of Applied Sciences, a subsidiary of the multinational Study Group out to January 2020.

The building itself boasts dual street frontage and a prominent position with exposure to the major thoroughfares on one of Brisbane’s most prominent main roads that also houses the popular Stones Corner retail and entertainment precinct.

The properties features are summarised as follows:

• 2,618m²* land holding over 7 lots
• 41m* frontage to the Logan Road retail strip and 23m* frontage to Cleveland St
• 2,860m²* of fitted out building area
• Fully leased to national training organisation and two retail tenants
• $774,000* net holding income out to January 2020 (AIAS lease)
• Local Neighbourhood Plan allows 12 level development
• Scope to re-tenant, re position, redevelop

*approximate

The property is presented For Sale by Offers to Purchase. For further information or to arrange an inspection please contact the marketing agents at Colliers International.

Features

  • 2,618m²* land holding over 7 lots
  • Dual street frontage
  • 2,860m²* of fitted out building area

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