Located on the corner of Flinders Parade and Wills Street is this 777m²* mixed-use building with significant exposure. The site benefits from a 1,252m²* corner position and a fully let income of $220,469* Per Annum Net across four tenancies. With a short lease-tail on the ground floor tenancy, this is an opportunity for Owner Occupiers and Investors to secure a freehold asset within one of the tightest commercial precincts in the north of Brisbane.
Key Features:
• 777sqm* Mixed-Use Building on 1,252sqm* Corner Site
*Approximately
This site is available via offers to purchase closing 4pm Thursday 21st May.
To receive a copy of the Information Memorandum and to arrange an inspection, please contact the Agents at NAI Harcourts and Raine & Horne Commercial on the details below.
Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.
The size of North Lakes is approximately 11.6 square kilometres. There are 54 parks, covering nearly 18.8% of the total area. The population of North Lakes in 2016 was 21671 people. By 2021 the population was 23030 showing a population growth of 6.3% in the area during that time. The predominant age group in North Lakes is 10-19 years. Households in North Lakes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Lakes work in a professional occupation.In 2021, 59.10% of the homes in North Lakes were owner-occupied compared with 54.80% in 2016.
North Lakes has 9,232 properties. Over the last 5 years, Houses in North Lakes have seen a 87.31% increase in median value, while Units have seen a 118.07% increase. As at 31 July 2026:
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