Property ID: 1P1238

12 Old Cleveland Road Stones Corner QLD

  • Leisure
  • For Sale
  • 765 sqm
  • 263 sqm
An opportunity to acquire a whole building consisting of 6 floors in Stones Corner is now available to purchase. It features a top floor penthouse, 10 studio apartments, Billboard rent opportunity, full basement and a rooftop area. It has a net income of $199,724.00 Per annum. It features the following:

- 263m2 Land / 765m2 Floor size over 6 floors
- Basement car park to fit 6 cars plus storage
- Ground floor office / retail
- 10 Studio apartments over 3 levels
- Top floor penthouse with 3 rooms,entertainment room, cinema & more
- Roof top / Bbq area
- Digital billboard on building
- Current net income of $199,724.00* Per annum
- 4.5km to Brisbane CBD

Stones Corner is experiencing rapid growth of thousands of new residents moving into the suburb with many new eight story dwellings being built and a 1bn student accommodation, Woolworths, cafes/restaurants development underway within 200m. Walking distance to major bus routes, train stations and other local amenities Stones corner has to offer. With a new infrastructure plan in place it offers an opportunity to capitalise and expand. This opportunity is rare.

Please contact the Marketing Agent Geoff Esdale for further information and to schedule your inspection.
  • Air Conditioning
  • Car Parking - Basement
  • Close to Schools
  • Close to Shops
  • Close to Transport
  • Lift Installed

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