On behalf of our valued clients, Savills are proud to present this exceptional commercial property to market via Offers to Purchase. Providing generous holding income and the potential to develop up to 26 meters* (subject to relevant approvals), this is an opportunity to create a mixed use development incorporating uses such as residential, aged care, retirement, retail or commercial. There is also potential to refurbish and re-set tenancies to create a secure long-term investment. This will be a highly sought after property in the rapidly evolving Cleveland CBD. Key Features: • Zoning: Principal Centre (PC) under the Redland City Plan • Land Area: 3,139 sqm* of regular-shaped, centrally located land • Existing Improvements: 1,322 sqm* Net Lettable Area (NLA) • Location: Directly adjacent to Redland City Council Chambers • Access: Dual street frontage to Bloomfield Street and Doig Street • Parking: 28 on-site car parks • Development Potential: Up to 26 metres* (approx. 8 storeys), subject to council approval The property is offered by way of Offers to Purchase with the Closing date being 3:00pm, Wednesday 2 July 2025 For more information or a copy of the information memorandum, please contact the exclusively appointed agents Gregory Woods or Tom McCafferty. * Approx Contact Agents: Gregory Woods 0409 305 224 [email protected] Tom McCafferty 0424 990 140 [email protected]
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