Highly Exposed Service Station Investment with Strong Upside

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      60 Underhill Avenue, INDOOROOPILLY QLD 4068
      825.00 sqm


    60 Underhill Avenue is a highly sought freehold opportunity superbly located on a high exposure intersection on the doorstop of Indooroopilly Shopping Centre.

    – 825 sqm land holding with over 40 metres of frontage
    – Favourable mixed-use zoning
    – Strong development potential for up to 6 levels (STCA)
    – Concept plans for 25 apartments & 180 sqm* retail
    – Leased to successful tenant until 31/5/2025 with 2×5 year options
    – Net Income of $139,554.21* p.a
    – Tenant pays all outgoings excluding land tax
    – Low maintenance & easy to manage, secure investment

    Opportunities like these rarely become available & we strongly encourage your genuine interest.

    Contact the Exclusive Marketing Agents & Inner-City Specialists C Property QLD.

    STCA – Subject To Council Approval




    Joe Kennedy

      Associate Director

      0488 627 620


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