A prime 6,030m²* re-development opportunity in the inner Northern Brisbane Growth Corridor. Comprising 4 houses & former Penola Nursing Home situated on an elevated site with three (3) street frontage and views of Brisbane CBD and Moreton Bay.
We received a strong level of interest in response to the opportunity with 109 enquiries received throughout the campaign. The majority of the interest came from small to medium sized residential builders and developers. The location of the site was seen as the main point of attraction as it sits within a well-established suburb close to major amenities and infrastructure.
The site was sold at close of Expressions of Interest to a private buyer.
|Method of Sale:||Expressions of Interest|
|Marketing Time Frame:||6 weeks|
|Sale Date:||May 2015|
|Vendor:||Sisters of Mercy|
|Total Offers Received:||12|