Landmark Fairfax Print Site Hits the Block

Expressions of interest are being sought for the sale of Fairfax Media’s landmark 5.19ha property at 58-68 Delancey Street, Ormiston.

Positioned 25km east of Brisbane CBD, the asset offers 5,160 sq m of well-maintained office and warehouse buildings (being offered vacant possession) with a variety of development options possible.

Ray White Commercial Bayside director Nathan Moore, who is marketing the redevelopment site with colleagues from Ray White Special Projects, said both the positioning and location of the site were key drawcards for potential buyers.

“Being located on the corner of Delancey Street and Finucane Street offers a highly visible corner position with more than 40,000 vehicles passing each day,” Moore said.

“To complement, the site is only 2km from Cleveland CBD and is on the doorstep of other amenities such as major shopping, transport, health, recreation facilities and education.”

Andrew Burke, of Ray White Special Projects, said the multiple development opportunities would make the asset appeal to a broad range of buyers.

“It’s rare for an opportunity of this scale like this to become available in the Redlands area. Subject to council approval, development options include retail, commercial, aged care, retirement and residential,” Burke said.

Expressions of interest close on Thursday 18 October 2018.

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