10,287m²* Mixed Use Site With DA Approval In Growth Area

Two individually titled level allotments with a combined land area of 10,287 square metres (*) with approvals in place for medical centre, retail, café, offices, secure storage facility & substantial on site off street parking. The Owner has recently had the approvals extended through until November 2017. Under the current Ipswich City Council zoning of ‘Special Opportunity’ there is certainly plenty of scope to the site.

There was a previous tenant in place for a Character building of 167 square metres (*) & associated car parks, included as part of 1,118 square meters (*) of the site paying $52,116.12 net plus GST per annum plus outgoings. However they have given notice that they will not be renewing their lease so the site is subsequently offered with vacant possession.

Recent development of the Old Bremer State High site just 1 kilometer (*) away has created precedent for such mixed use in fill sites within Ipswich. Given the precedent created here there may be a multitude of options of development allowed for this site, subject to the relevant approvals.

Given the proximity to the Grange Road Medical Centre, the largest General Practice within the City of Ipswich, there is certainly enough critical mass there to leverage off its presence, while the Ipswich CBD is only 4 kilometres (*) away.

Contact Agent for substantial Information Memorandum.

Auction: Ipswich Turf Club, 219 Brisbane Road, Bundamba

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