13 Murray Street
Wandal QLD 4700
$695,000
VERSATILE COMMERCIAL ASSET ON LARGE 1,199SQM ALLOTMENT
Unlock the potential of this rare commercial opportunity positioned in the Rockhampton CBD fringe suburb of Wandal. Offering immediate income, flexible occupancy options, and future redevelopment upside (STCA), this property is ideal for investors, owner‑occupiers, developers and value‑add buyers.Key Features
- Large 1,199sqm allotment* offering future redevelopment potential (STCA)
- Current NET holding income of approx. $20,000 per annum.
- Rear sheds of approx. 550 sqm* with a tenant in place until November 2027 with a 3‑year option.
- Front commercial tenancy of approx. 200 sqm* includes vacant/owner‑occupier shop space with scope to lease out for additional income as well as two small rooms on short‑term leases.
- Excellent two street access, onsite parking, and strong visibility.
With its generous land size, mixed tenancies, and strategic location across the road from the Hall School and close to the hospital precinct, Wandal retail strip, and CBD, this is a compelling opportunity for a range of commercial uses or future redevelopment.
Opportunities Include
- Continue leasing for a secure multi‑tenant investment
- Occupy the vacant front space while enjoying holding income
- Re‑lease the front tenancy to increase yield
- Explore redevelopment options I.E Childcare, Apartments (STCA)
For more details or a copy of the Information Memorandum, contact Jonathon Offord.
Features
General Features
- Land Area: 1,199sqm
- Commercial Type: Retail
- Building Area: 750sqm
Can I afford 13 Murray 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 13 Murray Street, Wandal, QLD, 4700