25-27 Raymond Terrace, Deception Bay, Qld 4508

Under Offer

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Description

Phone enquiry code for this property: 1503

Deception Bay Squash and Fitness Centre - local landmark (Land, Buildings And Business)

General Residential development zoning - 3857 sqm site with 48 metres street frontage across from park - site suitable for residential subdivision - 5 lots
MBRC planning scheme amendment effective 29th Jan 2020 includes new property overlay- Community Activities
Childcare, Health Care Services, Educational Establishment, Place of Worship (ie Church)

Current Development Approval also in place for 127 place Childcare Centre in the heart of Deception Bay local school catchment.
Existing brick veneer and tilt slab construction to be utilised for the approved childcare centre ensuring a simple refurbishment and fit-out of the building.

Within a 3 km radius of 5 state and private schools
Favorable development conditions - nil infrastructure charges as current approved use (sport/recreation) is higher than childcare usage under Moreton Bay Regional Council scheme
Close to economic / employment hub North Lakes, the fastest growing region in Qld and North Harbour estate at Burpengary East.

Opportunity to retain freehold/business as existing Council approved Squash Centre and increase sporting / recreation pursuits such as gym, boxing, gymnastics, Pilates, dancing etc
There are 7 squash courts, separate exercise room as well as a concrete slab mezzanine floor overlooking the courts featuring a large viewing room and separate kitchen and office area. Previous owners held liquor licence for extra income.

Huge structurally sound building on massive land area that will be sold for under replacement value. Residential Subdivision possible which is subject to Council approval. Caretakers cottage on property. Residential conversion of building possible - subject to Council approval. Land Banking opportunity.

Property is priced to sell and available for immediate possession (with a free business if wanted - Squash Club).
A comprehensive information package is available to genuine buyers. Please note squash centre is currently operating under caretaker manager and inspections are ONLY available at appointed times via owner.




Phone enquiry code for this property: 1503

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