Cushman & Wakefield is pleased to exclusively present 149 Station Road, Deagon, a substantial freehold landholding strategically positioned within Brisbane’s established northern bayside precinct, approximately 17km north-east of the Brisbane CBD*.

Comprising approximately 3,281sqm of freehold land*, the property presents a rare opportunity to acquire a substantial landholding with an established marine use and significant underlying development potential, subject to relevant approvals.

The offering is complemented by an adjoining 2,081sqm leasehold marina*, secured by a new 20-year lease, providing a long-term marine component and creating a highly unique overall offering.

Currently utilised by an established marine operation, the property provides an incoming purchaser with the opportunity to acquire an operational asset with an established income stream, complemented by three separate residential income streams.

Key features

• Approximately 3,281sqm* freehold landholding

• Established marine industry use with 2,081sqm* adjoining leasehold marina, with new 20-year marina lease

• The asset houses 15* moorings plus additional dry-dock and storage capacity

• A unique mix of refurbished residence, office and marine workspace with wet and dry boat storage facilities onsite

• Direct connection to the Moreton Bay marine environment

• Substantial underlying landholding with future development potential, subject to approvals

• Strategic position within the established Sandgate–Shorncliffe bayside precinct

The property's scale, configuration and strategic position provide a number of potential pathways, subject to planning and development approvals. These may include the continuation or redevelopment of the existing marine/industrial use, a future industrial or commercial development, or investigation of an alternative residential townhouse outcome.

The property is offered For Sale via Expressions of Interest Campaign (EOI) closing Wednesday 4th of November at 4:00pm (AEST).

To obtain further information or arrange an inspection please contact the exclusive selling agents.

*Approximate