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
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Map of 23 QUEEN ELIZABETH DRIVE
Train stations within 5 km of 23 QUEEN ELIZABETH DRIVE, Berserker, QLD 4701 Distance Rockhampton 2.4 km POWERED BY HERE ©Bus stops within 5 km of 23 QUEEN ELIZABETH DRIVE, Berserker, QLD 4701 Distance Musgrave St Near Bernard St 92 m Queen Elizabeth Dr Near Brown St 122 m Queen Elizabeth Dr Near Kirkellen St 204 m Bridge St Near Musgrave St 249 m Lakes Creek Rd NR Goodsall St 372 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
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...
23 QUEEN ELIZABETH DRIVE
Berserker, QLD 4701
Property Now - BRISBANE CITY9/204 Alice Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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