In a rare opportunity to market, Colliers Queensland has the exclusive listing of one of Brisbane’s best commercial development opportunities on a 1.2-hectare industrial site in Rothwell.
Colliers Queensland Industrial Executive Josh O’Brien says the Moreton Bay Region site at 457 and 461 Anzac Avenue is going to be in high demand because it has a specialised centre zoning. This will allow a multitude of commercial development opportunities including possibilities for large format retail or a specialised medical precinct to name a few options.
“This property presents a rare opportunity to acquire land in the highly sought-after, high growth corridor of Redcliffe Peninsula, offering significant upside to deliver an infill development with unrivalled amenity,” Josh adds.
“With high exposure on one of North Brisbane’s busiest thoroughfares, this is an opportunity to enter the tightly held, land constrained market.”
Specialised centre zoning allows for the development of a large bulky retail goods showroom serving between 40,000-80,000 people.
The Rothwell site is located in one of Brisbane’s fastest growing precincts – 32 km north of the Brisbane CBD, just 2.5 km from the Bruce Highway via Exit 133 and 23 minutes from the Brisbane Airport.
“Long term growth of the Moreton Bay region is expected, with over 210,000 residences forecast to move to the area over the next 20 years, and with limited undeveloped land opportunities, this offers a very rare opportunity to provide amenity for this growth,” Josh explains.
“Surrounded by some of Australia’s leading brands including Bunnings, Harvey Norman and Woolworths, with 80 metres of street frontage and dual access, this is an opportunity to be part of the growth of this already buzzing precinct.”
Colliers notes this property benefits from key local infrastructure and major connectivity upgrades with $40 billion of growth expected in this precinct.
This site is for sale via Expressions of Interest closing Thursday August 31, 2023, at 12pm (AEST).
For more information on Colliers, click here.