10 Michel Street, Lowood offers a fully approved, design-complete commercial development with the ability to progress directly into construction.
For developers and investors, this is a low-friction project; planning risk removed, design resolved, and a clear end product aligned to proven service-based demand.
Key Development Parameters (Approved Scheme)
What You're Buying
DA-approved commercial scheme with completed design work
Existing retail shop providing holding income and site utility
A project that can transition immediately toward build phase
This is a delivery play, not a planning exercise.
Development Positioning
Speed to Delivery
No DA process
No use uncertainty
Design already resolved
Compressed timeline from acquisition to construction
Leasing Logic Built In
Gym = anchor tenancy with repeat usage
Caf = traffic generator
Retail / service = non-discretionary spend
Tenant mix aligned to real demand, not theory
Functional End Product
On-site parking (approved)
Practical tenancy sizing
Corner exposure supporting visibility and access
Designed for leasing, not redesign
Market Drivers
Growing residential and rural catchment throughout the Somerset region
Low supply of modern, purpose-built commercial space in Lowood
Demand centred on convenience, service, and lifestyle-based uses
Strong reliance on local service hubs rather than major retail centres
This is the type of market where well-configured, service-based assets lease and hold.
End-Use Optionality
Build-to-Hold (Investor / Syndicate)
Multi-tenancy income stream
Diversified tenant profile
Asset suited to long-term hold in an undersupplied market
Build-to-Sell (Developer)
Clear product with defined use
Broad buyer appeal (investors + owner-occupiers)
Simplified exit due to practical configuration
Owner-Occupier
Ability to construct and occupy core tenancy
Lease remaining areas to offset costs
Control over design, branding, and long-term occupancy
Investment Logic
Approval + design complete = reduced execution risk
Defined scheme = clear feasibility modelling
Service-based mix = leasing resilience
Corner exposure + parking = tenant-ready outcome
This is a straightforward project with fewer variables, allowing focus on delivery and return.
The Commercial Takeaway
DA approved commercial development scheme
Design completed, move toward construction immediately
High-exposure corner site
Proven tenancy mix aligned to local demand
Flexible exit: hold, sell, or occupy
For Sale
10 Michel Street, Lowood is a build-ready commercial development opportunity; approved, designed, and positioned for execution
Please call John Galloway on 0409 776 737 and Abraham Sammut on 0411 399 389
The size of Lowood is approximately 26.7 square kilometres. There are 3 parks, covering nearly 1.3% of the total area. The population of Lowood in 2016 was 4159 people. By 2021 the population was 4082 showing a population decline of 1.8% in the area during that time. The predominant age group in Lowood is 10-19 years. Households in Lowood are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lowood work in a labourer occupation.In 2021, 61.50% of the homes in Lowood were owner-occupied compared with 52.60% in 2016.
Lowood has 1,998 properties. Over the last 5 years, Houses in Lowood have seen a 145.07% increase in median value, while Units have seen a 163.18% increase. As at 31 July 2026:
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