All Topics / Value Adding / Light Industry 570 sq. metres
What will you do with site zoned Light Industry, 570 sq. metres, close to CBD Brisbane? There is old Queenslander on it.
Thanks.
Cheers,
DanielaAny chance of consolidating and purchasing the neighbour ?
AJBS
Hi,
there is an office building nextdoor and option to consolidate is not there. At this stage I’m investigating if I’ll get the property what options are there for development.
Thanks.
Cheers,
Danielahi penguinchick
easy
demolish queenslander
put up a 3 story office complex, giving you 1710 sq m building.
rent it out for $20/ sq ft
giving you $342,000 a year
then find someone who wants 5% return on their money….that will $6.8 mill
pay back what you own
after that sit back and enjoy
harryHi Harry,
thanks for prognosess, if I get the property I let you know how close you were.
Cheers,
Daniela
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