Commercial Property Land Valuation System in Queensland is Arbitrary and Unpredictable
New land valuations for 24 Queensland LGAs have highlighted the flaws and inconsistencies in the state’s system, writes Paul Butler.
Medical centre assets have been in high demand throughout the pandemic, and 36-40 Hofmann Drive, Noosaville, provides a rare opportunity to purchase a development approved site in the heart of Noosa.
The 7,999sqm allotment is zoned “Business Park”, which allows for a wide variety of uses (STCA).
The property has an existing development approval for a 6,363sqm, three-level, state of the art medical facility with multi theatre day hospital.
Ray White Commercial Noosa and Sunshine coast North director Paul Butler said the site was in a prime location.
“The property provides a rare chance to secure a large vacant site in one of Noosa’s most highly sought after areas,” Mr Butler said.
“It’s located adjacent to Noosa Civic shopping centre, within Noosa’s business centre precinct.
“Situated less than 10 minutes from Noosa’s famous Hastings Street, the property is two minutes from the Sunshine Motorway, 16 minutes east of the M1 and 23 minutes from the Sunshine Coast Airport.”
The property is available for sale via expressions of interest closing at 4pm on October 6, 2021.
New land valuations for 24 Queensland LGAs have highlighted the flaws and inconsistencies in the state’s system, writes Paul Butler.
Ray White Commercial has its first woman auctioneer. Chantel Dielwart has smashed the glass ceiling in the usually male-dominated auctioneer space, obtaining her accreditation late last year.