Share this property

realcommercial.com.au

23 QUEEN ELIZABETH DRIVE Berserker, QLD 4701

Directions

23 QUEEN ELIZABETH DRIVE,
Berserker, QLD 4701

Development Sites & Land • Showrooms & Large Format Retail • Shops & Retail

Price information

Sale

$1,170,000

Key property information

Land area

Floor area

Car spaces

Zoning

Return

Private inspections

to arrange a private inspection.

Map of 23 QUEEN ELIZABETH DRIVE

Directions
  • Train stations within 5 km of 23 QUEEN ELIZABETH DRIVE, Berserker, QLD 4701Distance
    Rockhampton2.4 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 23 QUEEN ELIZABETH DRIVE, Berserker, QLD 4701Distance
    Musgrave St Near Bernard St92 m
    Queen Elizabeth Dr Near Brown St122 m
    Queen Elizabeth Dr Near Kirkellen St204 m
    Bridge St Near Musgrave St249 m
    Lakes Creek Rd NR Goodsall St372 m
    POWERED BY HERE ©
POWERED BY HERE ©

North Rockhampton currently leased at 6.95% net return or future development opportunity

To enquire, please email or call 1300 815 0... and enter code 4290

Prime Investment or future development opportunity 1,903sqm.

The subject property is a high profile corner site situated on the very busy Queen Elizabeth Drive with passing traffic in excess of 30,000 vehicles per day. Berserker is a suburb in the fast growing area of North Rockhampton. As the service capital of Central Queensland, the Rockhampton Region has a thriving commercial and business centre surrounded by significant mining and rural industries. Proposed investment spans broad Community projects, to Education and Tourism, in addition to the much publicised Coal, Energy, Minerals, Ports, Rail, Water investment occurring.

The property is currently leased to a national company for $81,313.90 per annum plus GST and 100% of all outgoings which represents a net return of 6.95%. The lease expires on 31 August 2025 and the tenant has a further option of 3 years.

The property also offers future potential for re-development of various retail, commercial or outdoor sales uses under the current zoning, subject to council approval. The property had previous council approval for development as retail shops (inc Gloria Jeans Coffee) in 2016.

The property comprises 3 separately titled allotments. Improvements are a small sales office, kitchen, and toilet comprising approximately 44m² and storage sheds. The property is not in a flood zone and has been occupied by car sales dealers for over 50 years and is currently leased as a car sales outlet.

By way of price comparison 43 Queen Elizabeth Drive (PUMA Service Station next door) sold for $4,750,000 in March 2018 with 170sqm less land area.

Please note: The Sale will be GST Free as it is currently leased on a going concern basis.


To enquire, please email or call 1300 815 0... and enter code 4290

Property ID: 504189603Last Updated: 6 May 2024

13008150...
realcommercial.com.au logo
23 QUEEN ELIZABETH DRIVE
Berserker, QLD 4701
Property Now - BRISBANE CITY
9/204 Alice Street
BRISBANE CITY, QLD 4000
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.