10 Masters Street NEWSTEAD, QLD 4006

Features:

• New 1 year Lease (Nil Option) provides holding income
• 460 sqm MP2 allotment, with 12 metre wide frontage
• 310* sqm office / warehouse improvements with good bones
• Solid brick construction
• Roller shutter access
• Column free warehouse space
• Male and female amenities
• Pedestrian access on right side elevation to rear of site

* = approximately

Potential +
- Investors can renovate and re-set the Lease profile upon expiry
- Developers have multi-story, mixed use development opportunity under the sites attractive MP2 zoning
- Business owners can wait out the current Lease legacy, and occupy in circa 12 months time

Location:
Masters Street is a direct feeder off Longland Street, and Commercial Road. Both of which connect to Ann Street, Skyring Terrace, and Wickham Terrace.

Newstead is less than 2 kilometres from Brisbane's GPO, and the subject property is nearby the major FKP development "Gasworks". Providing a very high level of retail amenity to the area such as; banking, Woolworths, food, beverage and service industry.

Public transportation is strong to Newstead; City Glider service to Commercial Road, rail station at nearby Fortitude Valley, and Teneriffe City Cat which is only a few hundred metres from the site.

Contact:

Paul Anderson (Exclusive Agent) on 0438 661 266.