OPEN HOME SAT 2-2:30PM - MU1 Zoning - Prestigious Riverfront Heritage Building

6/249 Coronation Drive, Milton, 4064

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632,023 AUDEst. Mortgage: AUD 4,441/monthFor Sale
  • Ownership Type House
  • Property Area 0 sqft
  • Bedrooms 1
  • Bathrooms 1
  • Furnished No
  • Last Updated 22nd Feb, 2023

Amenities

Feature that provides comfort, convenience, or pleasure
  • Garage: 11
  • Secure Parking
  • Ducted Cooling
  • Ducted Heating
  • Reverse-cycle Air Conditioning

Property Overview

Constructed in 1888-89 for Joseph Blain Cook, this stunning heritage-listed building boasts phenomenal panoramic views across the Brisbane River, and a flexible floorplan to suit any number of business or personal real estate endeavours. <br/><br/>Previously a prestigious rental property to many prominent citizens and even a politician, the remarkable location of this prime residence is highly desirable for restauranteurs, business owners, and lucrative investors.<br/><br/>Zoned as MU1 code - MIXED USE to provide for a variety of uses and activities, including, for example, BUSINESS, RESIDENTIAL, RETAIL, SERVICE INDUSTRY, TOURIST ACCOMMODATION or LOW IMPACT INDUSTRIAL USES or ACTIVITIES. <br/><br/>Main features:<br/>- Iconic heritage-listed building constructed in the late 1800s with original ornate features<br/>- Encapsulating panoramic views across the Brisbane River through wrap-around glass windows<br/>- Prominent corner position at Coronation Dr and Park Rd, seconds to buses and city cat ferry!<br/>- Multi-functional space: perfect for restaurants, most recently used as expansive office space<br/>- Largest unit of the six, with 11 SECURE UNDERCOVER CAR BAYS (six currently leased for sizeable return)<br/>- TWELVE VISITOR CAR PARKS IN FRONT OF THE UNIT <br/><br/>In a coveted and breezy location looking out to the Brisbane River, this Milton masterpiece is barely 70 metres to buses, 100 metres to the city cat ferry, and an easy 650 metre walk to trains at Milton station, all of which will zoom you over to or from the Brisbane CBD in a heartbeat! Merely 2 km to the bustling lifestyle of the city, this prime position is perfect for businesses, restaurants, or just luxe living!<br/><br/>This sprawling unit boasts an impressive 567 sqm across three levels, with a secure carpark hosting 11 coveted cityside spaces - six of which are currently leased out.<br/><br/>Exuding elegance and character, this beautiful building features ornate framework along the covered patios and balconies and is enclosed in simple landscaping so as not to obstruct the riverside views from the expansive panoramic glass windows.<br/><br/>The current configuration of the property includes a spacious reception area, private boardroom, multiple offices, and open plan work areas. As the residence is also equipped with two industrial kitchens, a freezer and cold room, wine cellars, and a large bar upstairs, it could easily be converted back into an impressive and stylish restaurant. Soaring ceilings, chandelier lighting, bay windows, panoramic glass walls, and intricate timber framework all exude an upper-class experience. The original fireplaces and modern air-conditioning combine to create a comfortable environment for all guests or patrons.<br/><br/>The professional kitchens are already fit out with plenty to start your business, including large stainless-steel splashbacks, under bench fridges, shelving, a gas line to the massive stove burners, a deep fryer, and an industrial exhaust system. Whether using this space for your own food entrepreneurial ambitions, or even renting it out to a pop-up, takeaway, or food stall company, it won't take much before the staff will be cooking up something delicious!<br/><br/>Indulgence, sophistication, and history combine to create this absolute masterpiece at Cook Terrace. If you have big dreams, call Jackson Chow today so you don't miss out on this once in a lifetime opportunity!<br/><br/>PARKING - ENTER VIA 60 PARK RD TO THE VISITOR CARPARK. <br/><br/>We are committed to the health and safety of our customers and staff, and their families. When entering a premises please adhere to all social distancing (2m2 apart for spaces less that 200m2 and 4m2 apart for spaces more than 200m2) and strict hygiene requirements. Please also ensure that you follow social distancing measures and keep 1.5m away from each other.<br/><br/>All information contained herein is gathered from sources we consider to be reliable. However we can not guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.<br/>

Location on Google Map

6/249 Coronation Drive, Milton, 4064

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