PRIZED HIGH EXPOSURE SITE WITH DA APPROVAL FOR CONVENIENCE STORE

This is an exciting opportunity presented to the market for the first time in over 10 years, boasting flexibility and development upside on a prime 804sqm corner block.

Located in a high exposure position ideal for a local business, this former service station turned car wash features Development Approval for a new convenience store and an opportunity hard to find within suburban Sherwood. If development upside is your priority then get started straight away.

The previous lease returns for the site in its current configuration (Duckwash car wash) returned over $70,000 per year and could be easily reinstated with minor updates, making this a sure and certain landbank investment.

Zoned LMR, the opportunity also exists to submit a new DA and create a townhouse or unit project close to excellent local amenities (subject to council approval).

Property Overview:
- 804sqm corner block zoned LMR with DA approval for a convenience store
- Former service station turned car wash with previous lease returns of over $70,000 pa
- High exposure position with frontage to Oxley Road and Jerrold Street
- Opportunity to submit a new DA for a townhouse or unit project
- 400m from the Corinda precinct with Coles, cafes and restaurants
- 600m from Sherwood Central with Woolworths and shops
- Walk to schools, childcare, parks, buses and train stations

Presenting plenty of opportunity and development potential, this is a rare opportunity in a standout position.

Explore the area

School catchments

St Joseph's Primary School Primary Prep-6 Catholic 0.24km
St Aidan's Anglican Girls School Combined Prep-12 Independent 0.43km
Sherwood State School Primary Prep-6 Government 0.52km
Corinda State High School Secondary 7-12 Government 0.99km
St Aidan's Anglican Girls School - Thalia Court Campus Combined Independent 1.2km
Corinda State School Primary Prep-6 Government 1.5km
Christ the King School Primary Prep-6 Catholic 1.9km
Fig Tree Pocket State School Primary Prep-6 Government 2.0km
Brisbane Montessori School Combined Prep-10 Independent 2.0km
Graceville State School Primary Prep-6 Government 2.1km
Milpera State High School Secondary 7-12 Government 2.5km
Oxley State School Primary Prep-6 Government 3.1km
Rocklea State School Primary Prep-6 Government 3.1km
St Peters Lutheran College Combined Prep-12 Independent 3.3km
Ambrose Treacy College Combined 4-12 Catholic 3.5km
St Brendan's Primary School Primary Prep-6 Catholic 3.6km
St Sebastian's Primary School Primary Prep-6 Catholic 3.8km
Indooroopilly State High School Secondary 7-12 Government 3.9km
Brigidine College Combined 5-12 Catholic 3.9km
The BUSY School - Salisbury Campus Secondary Independent 4.0km
Brisbane Christian College - Fairlie Terrace Campus Combined Independent 4.2km
Centenary State High School Secondary 7-12 Government 4.2km
Yeronga State High School Secondary 7-12 Government 4.5km
Our Lady's College Secondary 7-12 Catholic 5.3km
Brisbane Boys' College Combined Prep-12 Independent 5.5km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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