UNDER CONTRACT

- 412 sqm corner site
- Value add or Development opportunity
- First time on market in over 20 years

Belle Property Commercial alongside Belle Property Coorparoo are pleased to offer 38 Macaulay Street, Coorparoo to the market for sale via public auction. For the first time in over twenty years this rare opportunity will welcome new owners on the 7th of November at the Ovolo Hotel, Fortitude Valley.

This commercial development opportunity offers both potential and practicality, with an existing retail dwelling of 115 sqm* at the front of the property atop 412 sqm* of total land to work with. The opportunities are endless as both value add and redevelopment presents itself.

Key Features:
- 412 sqm* approx corner site one block back from busy Old Cleveland Road
- Existing Retail dwelling with accessible amenities
- Functional existing floor plan to allow for a multiple tenant situation to be split into two
- Highly sought-after LMR2 Zoning with flexible business usage options
- Opportunity to add further NLA (STCA) or redevelop the entire site
- Prominent signage opportunities on a corner block
- Proximity to major retail, transport, and lifestyle amenities

Prime Location:
38 Macaulay Street, Coorparoo, presents an exceptional commercial property opportunity in a thriving location. Situated in a high-demand suburb, this address offers excellent visibility and accessibility, making it ideal for businesses seeking to establish a strong presence. With proximity to major transport routes, retail hubs, and a growing local population, the location ensures a steady flow of foot traffic and business potential. Whether you're looking to expand or relocate, 38 Macaulay Street delivers the perfect balance of convenience and commercial advantage.

Why Coorparoo?
Investing in commercial property in Coorparoo is a smart move due to the suburb's strong growth potential and strategic location. With its proximity to Brisbane's CBD, Coorparoo offers high visibility and access to a well-established infrastructure. The area is seeing increased development and a growing population, making it ideal for businesses seeking to expand or relocate. Additionally, Coorparoo's rising property values and consistent demand for retail and office space provide investors with promising returns and long-term capital appreciation.

Auction Details:
Date: 7th November, 2024
Time: Registrations from 5.30pm - Auction from 6.00pm
Location: In Room event – Ovolo Hotel, Fortitude Valley