Off Market Triumph

January 9, 2024

McGees Property Brisbane are thrilled to share with you the successful off-market sale of a prime commercial property, located just 9 kms from Brisbane’s CBD. This transaction not only highlights the vibrant nature of the local market but also reflects our commitment to delivering exceptional outcomes for our clients.

The property features a substantial land size of 410m² and a building size of 130m². Situated in a district with Centre Zoning, the site benefits from high exposure and excellent signage opportunities, making it a desirable location for businesses. Its proximity to key amenities, including Griffith University, Greenslopes Private Hospital, and major shopping centres, adds to its strategic value.

Interestingly, our marketing strategy for this property was minimal, involving only a sign on the property with plans for broader marketing in 2024. However, the local market’s strength was evident as we received over 20 direct phone enquiries and 4 written offers. This overwhelming response is indicative of the high demand for quality commercial spaces in the area.

The property was purchased by a private owner-occupier, who plans to renovate and tailor the space for their established local business. This decision underscores the strategic potential that our clients see in properties we represent.

We believe this sale signifies a significant opportunity for property owners in the local area. With a number of qualified buyers actively seeking spaces, now is an excellent time to consider your property options for 2024. Whether you’re thinking of selling or simply exploring your options, our team at McGees Property is here to provide expert advice and tailored solutions.

Reach out to discuss your property goals. Our experienced team is ready to guide you through the dynamic property landscape, ensuring you make the most of the current market conditions.

Thank you for your continued trust in McGees Property.

We look forward to helping you achieve your property aspirations in the year ahead.

For a complete list of weekly commercial transactions in Queensland, visit McGees Wrap Up | McGees Property Brisbane

Disclaimer: The information provided in this blog is for general informational purposes only and does not constitute legal, financial, or professional advice. While we strive for accuracy, we make no guarantees regarding the completeness or timeliness of the content. Always seek independent advice before making any financial or real estate decisions. We are not liable for any loss or damages arising from your reliance on the information provided.

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