Ray White Commercial Bayside in conjunction with Ray White Commercial (QLD) are pleased to offer 194 Gladstone Road, Highgate Hill to market for Auction Thursday, 23rd September at 10:30am. (The property is being sold with Vacant Possession)

Constructed circa 1956 as a local butcher shop, this freestanding commercial building provides 69sqm* of air-conditioned commercial space. The wide frontage, excellent natural light and bamboo floors would suit a variety of different uses. The building includes a north-facing 5kW solar system which covers most of the current owner's power needs. The gated carpark allows for up to 4 vehicles, with additional storage space under the building. The recently approved DA permits an 89sqm* residential studio apartment to be constructed at the rear of the site over the carpark, giving buyers the opportunity to add further value to the property. The approval is valid until October 2027.

With a range of excellent educational offerings, public amenity and the South Bank precinct nearby, the property is ideally positioned to service local customers. Uses such as food, professional services, and health could all take advantage of the easy to access parking and high visibility the property has to offer, with 29,900* vehicles passing daily.

Freestanding commercial buildings of this size with great parking and exposure seldom come to market. Don't miss this excellent opportunity to secure this site for your business or investment needs.

Features include:
- 69m²* commercial space on a 245m²* allotment
- Ducted and split air-conditioning systems
- Office, kitchen and amenities
- Parking for up to four cars at the rear of the building
- Bamboo flooring
- Recent DA allows for an additional 89m²* studio apartment to be constructed at the rear
- Cantilevered awning provides excellent signage opportunities to 29,900* passing vehicles daily
- 5kW* north-facing solar system
- This property is being sold with Vacant Possession

AUCTION ON-SITE THURSDAY 23RD SEPTEMBER 2021, 10:30am


For further information please contact Exclusive agents Benn Woods on 0408 689 651 or John Dwyer on 0439 034 010.

This property is being sold by auction or without a price and therefore a price guide cannot be provided.

*Approximately