176 Montague Road,
South Brisbane, QLD 4101

Colliers have the pleasure to offer 176 Montague, a strategic mixed use development site with strong income, located in thriving South Brisbane.

Key features include:

• Regular shaped and expansive 1,917m²* Mixed Use Zoned corner site with two (2) street frontage;

• Code Assessable outcomes for building heights up to 20 storeys – with potential to achieve further density (STCA);

• Impressive two level ‘creative’ commercial office accommodation providing a total net lettable area of 2,340m²* and undercover secure parking for 21 cars.

• 4-Star NABERS Energy rating;

• Secure income profile to a national tenant with fixed 5% reviews until 2030 – allowing an incoming buyer to plan for the momentum created by the Brisbane 2032 Olympics;

• Almost all major land holdings along Montague Road are already secured by major developers / Government for approved / planned urban regeneration – therefore providing one of the last pieces of the puzzle of the whole locality;

• Located on moments to the Brisbane River and within the burgeoning Kurilpa mixed use precinct – slated for what the Queensland Government via Economic Development Queensland is labelling as ‘Southbank 2.0’;

• Only a short distance to transport services, including bus and rail, as well as proposed new ferry stop within 250 metres (STCA);

• Potential to secure the adjoining property at 188 Montague Road, providing an expanded holding and with three street frontage. This would also allow direct linkage along Mollison Street to the transformative West Village mixed-use project by Sekisui (only 250 metres away);

• Also walking distance to everything the famed South Brisbane / West End lifestyle has to offer including Melbourne Street, Fish Lane, Boundary Street, Davies Park as well as Southbank;

The property is situated in a prominent position within the highly sought-after and established suburb of South Brisbane, being only 1.5km (radially) south of the Brisbane CBD.

The incoming purchaser can take advantage of the significant income, whilst capturing reversionary upside, and bringing their own development vision to life.

The property is being offered for Sale via Expressions of Interest closing Thursday 20th November, 4pm (AEST).

*Approx.