Brisbane Water Legacy goes to market with Point Frederick property
Brisbane Water Legacy has appointed CBRE to market Lot 2 of their Masons Parade, Point Frederick property which comprises a 100% freehold interest in Part 51-57 Masons Parade, Point Frederick.
The funds released from this sale will assist in financing the redevelopment of the remainder of the site (see below).
Known as Lot 2, the property offers investors and developers a large-scale redevelopment opportunity (STCA) with a favourable leaseback in place.
The property is zoned B4 Mixed Use and will allow for a variety of uses including commercial, retail, and residential. The site will accommodate a maximum of 12,512sqm of permissible gross building area under the current planning controls.
Expressions of Interest close 31st May 2023.