123 East Street
Rockhampton City QLD 4700
- 1 Park
$499,000
RARE CBD FREEHOLD WITH PROVEN 60 YEAR TRADING HISTORY
Positioned on one of the most recognisable sites in Rockhampton's CBD, 123 East Street occupies a prominent location within the city's retail and cultural precinct. Neighbouring the Rockhampton Museum of Art and directly opposite the future Chemist Warehouse redevelopment site, the property benefits from exceptional exposure in a rapidly evolving section of the CBD.For more than 60 years, this solid brick freehold was home to Woods Menswear, where generations of the Woods family established and operated one of Central Queensland's most respected retail businesses. The property now presents a rare opportunity to secure a tightly held freehold in a premier CBD location.
Property Highlights
- 267m² freehold landholding in the heart of the Rockhampton CBD
- Substantial solid brick commercial building with good fit out in place.
- Major capital improvements completed in 2021, including replacement roofing and upgraded Daikin commercial air-conditioning
- Approx. 83m² upper level suitable for office accommodation, storage, or potential future residential conversion (STCA)
- Rear lane access with on-site parking
- Outstanding street presence and exposure to passing pedestrian and vehicle traffic
- Flexible zoning and suitability for retail, office, consulting or other commercial uses (STCA)
- Strategic location adjoining key cultural and retail destinations
Held by the same family since the early 1960s, 123 East Street is being offered to the market as part of a strategic consolidation of family property holdings.
This is a rare opportunity to acquire a landmark CBD freehold with a rich local history, strong underlying fundamentals and future value-add potential.
Contact Jonathon Offord for a copy of the Information Memorandum or to arrange an inspection.
Features
General Features
- Commercial Type: Retail
- Building Area: 350sqm
- Car Spaces: 1
Can I afford 123 East Street?
Whether you’re a first-time buyer, looking for your next home, or considering upgrading or downgrading, Elders Finance can unlock the doors to the right finance option for you and get you into the home of your dreams.
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Enquire about 123 East Street, Rockhampton City, QLD, 4700