Rothwell 1.2 ha development site offers opportunity for large format retail or medical precinct
10 August 2023In an rare opportunity to market, Colliers Queensland have the exclusive listing of one of Brisbane’s best commercial development opportunities on a 1.2 hectare industrial site in Rothwell.
Colliers Queensland Industrial Executive Josh O’Brien said the site at 457 and 461 Anzac Avenue was going to be in high demand as it had specialised centre zoning allowing a multitude of commercial development opportunities including possibililities for large format retail or a specialised medical precinct to name a few options.
“This property presents a rare opportunity to acquire land in the highly sought-after, high growth corridor of Redcliffe Peninsula, offering significant upside to deliver an infill development with unrivalled amenity,” Josh O’Brien said.
“With high exposure on one of North Brisbane’s busiest thoroughfares, this is an opportunity to enter the tightly held, land constrained, market.
“Long term growth of the Moreton Bay region is expected, with over 210,000 residences forecast to move to the area over the next 20 years, and with limited undeveloped land opportunities, this offers a very rare opportunity provide amenity for this growth.
“Surrounded by some of Australia’s leading brands including Bunnings, Harvey Norman and Woolworths, with 80 meters of street frontage and duel access this is an opportunity to be part of
the growth of this already buzzing precinct,” Josh O’Brien added.
Specialised centre zoning allows for the development of a large bulky retail goods showroom serving between 40,000 – 80,000 people. The site at 457 and 461 Anzac Avenue, Rothwell is located in one of Brisbane’s fastest growing precincts, 32km north of the Brisbane CBD, just 2.5km from the Bruce Highway via Exit 133 and 23 minutes from the Brisbane Airport.
Positioned in the Moreton Bay Region, this property benefits from key local infrastructure and major connectivity upgrades with $40 billion of growth expected in this precinct.
This site is for sale via Expressions of Interest closing Thursday 31st of August 2023 at 12pm (AEST).