Expression Of Interest

Freehold Investment - Freestanding Building in Morningside with Development Potential. ELDAD Property Group is proud to present to the market 550 Wynnum Road, Morningside for Sale via Expression of Interest.

First time on the market in 19 years. Rare opportunity to acquire freehold property plus going concern Tyrepower Morningside (Highly Profitable Tyre & Mechanical Business).

The property has the following features:
- 1,179m2 of land | Development Zone: Lmr2 Low-Medium Density Residential (2 Or 3 Storey Mix).
- 65m frontage to Wynnum Road with 2 driveways offering unmatched exposure and access.
- Located on one of Brisbane's busiest arterial roads with approximately 57,000 passing cars daily. As Brisbane prepares for the Olympics, Morningside is expected to become an even more vibrant hub, attracting locals and visitors alike.
- 503m2* Office / Workshop
- 676m2 Hardstand
- Large solar panels system installed (cost neutral electricity due to large solar panels system)
- Break-out areas, kitchen and male/female amenities.
- Large onsite storage (no warehousing fees for offsite storage)


About the Business:
Walk in as the new owner and have a secure, income producing business from day 1.
With nothing to spend, this business offers a well-equipped workshop that includes quality tools & equipment. Extremely well run and established business, the takeover of the business will be a smooth and easy process.

Key features & benefits of business:
• Fantastic Street front location on a busy road with ample parking (25 carparks)
• Store is well presented with strong branding
• NOT a franchise – No franchise fees
• National Buying Power (part of national buying group with no franchise fees, only a small monthly administration and advertising fee).
• Opportunity for a full-time owner operator to continue to grow sales and increase profits
• Long list of plant and equipment
• Trades 5 ½ days per week offering flexible lifestyle opportunity
• Fully trained team in place operating with structured systems & processes

Co-operative Group Benefits
• Massive buying power
• Strong market profile
• Access to major brands
• National Training Programs
• Exclusive product range
• Marketing and Administration support
• National Advertising Campaigns
• Access to the National Support phone line
• The security of dealing with an expanding professional network

Please contact us for a confidential discussion. Due diligence package will be provided upon completion of our NDA agreement.

Location:
550 Wynnum Road, Morningside is situated in the established commercial / industrial suburb of Morningside approximately 6km* from the Brisbane CBD. The properties location allows for exceptional connectivity to the Gateway Bridge and Clem 7 tunnel which in turn creates linkage to the Brisbane Airport and all key Northern arterial thoroughfares. The site also benefits from being just 6km* from the Gateway Motorway allowing for good linkage to Southern transport infrastructure including the Pacific and Logan Motorways. It is also strategically located just 4km* from the Port of Brisbane Motorway which in turn allows for convenient access to the Port of Brisbane being just 12km* away.

For more information or to arrange an inspection, please contact the exclusive agent Cristian Marcu from ELDAD Property Group.