24 Duncan Street, West End QLD 4101

Position Property is pleased to have been appointed to market 24 Duncan Street, West End QLD 4101. This property is being offered For Sale, by Expressions of Interest closing June 15th 2023

West End has steadily grown to be the most sought-after residential hub in the 4101 postcode. Residential sales values continue to rise in the area with several off plan projects being marketed locally with successful sales results being achieved.

We anticipate that this area will continue to grow with the impending 2032 Olympics, influx of interstate & overseas migration and the return of local & overseas investors to the surging Brisbane market. Ongoing infrastructure across inner Brisbane shall continue to benefit West End. The Kurilpa Precinct positioned just 1.5km from this site, was recently announced as the central communication hub for the 2032 Olympics. This major $1billion development precinct is set to not only rapidly increase property values in West End, it will also play a major role in cementing West End as one of Brisbane's most desirable locations to live pre and post Olympics.

Commanding a prime corner position in an established tree-scaped residential street, the site is surrounded by modern residential developments and adjoins a similar size and shaped block with the same zoning. Duncan Street sits parallel to Riverside Drive and the Brisbane River. From here there is easy access to parks, cycle and running tracks, cultural precincts, retail & shopping destinations and of course South Brisbane, South Bank and the CBD.
With exceptional lifestyle, retail, employment, transport and education connectivity, this site is ripe for residential development (zoned HDR1 - 8 storeys). The structures on site are sound and "rent ready" providing an opportunity to lease out to covering holding costs. Purchase and develop now, or buy and hold for future uplift.

The Site:

Regular shaped 4190sqm freehold site
Zoned HDR1
vacant possession
Secure tilt panel office and warehouse
Corner block with two street frontage
High bay warehousing & bulk stores
Access via multiple electric roller shutters
Air-conditioned office spanning over two levels
Male and female amenities
Three phase power
2,100sqm* Concrete apron ideal for parking, container set down and truck access

Enquire today to receive an Information Memorandum. The IM provides preliminary information to assist interested parties with their assessment of the property. We advise interested parties to seek independent advice in-line with their requirements.

All inquiries, requests for information, and arrangements to undertake inspections in relation to this opportunity are to be directed to the listing agents below.