Offers from $2.99 Million

14 Blackwood Street, Mitchelton presents a rare chance to acquire a freehold property with strong holding income and Development Approval for a boutique mixed-use project.
Set on 1,174 sqm of Major Centre zoned land, the property sits within a thriving hub of retail, medical, dining, and residential. With 100% tenancy occupancy and future development approval already in place, this asset is ideal for both investors and developers.

Key Features:

1,174 sqm freehold land parcel

Existing improvements: 3 retail shops, house, and storage sheds

442 sqm total building area, fully leased with no impediments

Gross income: $119,604 (incl gst) per annum | Outgoings: approx. $27-$28k.

Development Approval: 11 units + 1 retail shop (180 sqm)
8 x 3-bedroom units
3 x 2-bedroom units
4 levels including ground floor retail

Major Centre zoning with flexibility for a wide range of future uses

Prime location within Brisbane's inner-north west, only 15 mins to CBD


Location Highlights:

Walking distance to Mitchelton Train Station and Brookside Shopping Centre

3 mins to Enoggera Gallipoli Barracks

Thriving commercial and residential precinct with strong daily activity

This opportunity in one of Brisbane's most dynamic growth corridors. Whether you're seeking strong returns today or development upside tomorrow, 14 Blackwood Street ticks all the boxes.

Contact Dennis You 0472 789 847 or email [email protected]
Contact Peter Huang 0418 888 889 or email [email protected]