RAY WHITE COMMERCIAL (QLD) ARE PLEASED TO PRESENT TO THE MARKET 18 - 20 BAILEY STREET, WEST END QLD FOR SALE BY OFFERS TO PURCHASE.

Offered to the market is a freestanding converted warehouse that is rich in character and suits a wide array of users including commercial/residential occupiers, developers and investors. The property is located in the highly coveted West End catchment, located 2.5km* from the Brisbane CBD and within walking distance of world class amenity.

The property has benefited from an extensive refurbishment (over $1M) in 2015 and is offered for sale including a walk in walk out Audio Visual (AV) set up projectors, lighting, stage, AV. The current fit out would suit a range of commercial occupiers that could walk in with minimal expense including places of worship, function/entertainment centre, office occupiers or showroom/retailer operators.

With an irreplaceable land parcel of 861sqm* and dual street access this property offers significant development upside and is zoned HDR1 High Density Residential which allows for up to 8 storeys. The property would also suit residential occupiers who could convert the property into a residential house with upwards of 4 bedrooms, 4 bathrooms and 6 car parks or a multi-dwelling. The property has a total gross floor area of 1,217sqm* across two levels. The first floor is 908sqm* and features an expansive auditorium (320 person capacity) with high ceilings up to 7m and exposed beams/brickwork. The ground floor is 309sqm* and was fitted out as a child minding service.