Owner-Occupy, Invest, Develop - Cleveland Freehold Opportunity

SOLD

113 Russell Street

Cleveland QLD 4163

Industrial

FOR SALE

187m2

Ray White Commercial Bayside is delighted to offer for Sale via Expressions of Interest, 113 Russell Street, Cleveland.

The property is a 911sqm* 'Principal Centre' zoned allotment located on a high profile corner at the southern end of Cleveland's CBD. Currently developed to provide a mix of buildings/accommodation, the site has been predominantly used as a workshop for more than fifty (50) years. The structures are in good condition and provide a suitable level of accommodation for similar workshop or warehouse uses in the immediate term.

The 'Principal Centre' zoning allows for a broad range of uses with future development of stand alone commercial, mixed use and higher density residential projects to a maximum of fourteen (14) metres in height.

Features include:

- Existing buildings provide circa 187sqm* of GFA + awning area of approximately 148sqm*
- Large sealed hardstand
- Fenced rear yard area
- Self-contained amenities

The property is offered for sale with a 'lease back' to the Seller's trading business (current occupier) for a period of up to twelve (12) months post settlement.



For all enquiries, please contact exclusive agent, Nathan Moore on 0413 879 428.


*Approximately

This property is being sold without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.