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.
Located at 23 and 25 Sidoni Street, the corner blocks provide the perfect opportunity to secure strategically located development sites within the prestigious Noosa Shire.
The site, totalling 2,006sqm, is being marketed by Ray White Commercial Noosa and Sunshine Coast North agents David Brinkley and Tracey Ryan.
“Tewantin has seen unprecedented residential growth in recent years, adding to the growth of a thriving retail/commercial precinct which is encompassed by Poinciana Avenue, Sidoni Street, Doonella Street and Memorial Avenue,” Mr Brinkley said.
“The sites have Business Centre zoning, offering a wide range of possible uses for the sites including commercial, retail or residential.”
Ms Ryan said the sites were the only vacant parcels of land left within the Tewantin CBD.
“Surrounding development includes a mix of retail and commercial uses, including a Woolworths supermarket and Noosa Council Chambers,” she said.
“While situated within the CBD, the properties enjoy the amenity of the waterways and beaches that are close by.”
The properties will be auctioned individually onsite on Friday March 4 at 11am.
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.