• For Sale
  • Industrial
MAIN ROAD FREESTANDER - OCCUPY, INVEST, DEVELOP**
MAIN ROAD FREESTANDER - OCCUPY, INVEST, DEVELOP**
MAIN ROAD FREESTANDER - OCCUPY, INVEST, DEVELOP**
MAIN ROAD FREESTANDER - OCCUPY, INVEST, DEVELOP**
MAIN ROAD FREESTANDER - OCCUPY, INVEST, DEVELOP**
The subject site is located in a prominent position on one of North Brisbane's busiest roads, Toombul Road. The site has exposure to approximately 30,000 cars per day and is just minutes from the Gateway Motorway. Toombul Road is one of the main connectivity arterials linking the Northern suburbs of Brisbane to the CBD, Airport and Coasts.

Colliers International is pleased to present to the market 53 Toombul Road, Northgate, for the first time in over 45 years. This once in a lifetime acquisition opportunity offers the potential to occupy, invest or re-develop**

The property features:
-1,265sqm* under roof area across two buildings
-2,553sqm* allotment zoned General Industry
-Building 1 totals 620sqm* and is made up of industrial/mechanical workshop space, office/showroom and mezzanine office/storage
-Building 1 is accessed via 5 full height roller shutters with one facing Toombul Road
-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**

This property has been owned by one family for over 45 years, opportunities like this rarely come to market. Do not miss this once in a lifetime opportunity to purchase a freehold asset on one of North Brisbane’s busiest Roads.

To request a full information memorandum, or to organise a private physical or virtual viewing, please contact the EXCLUSIVE agents at Colliers International today.

* Approx.
** STCA

Property Details