3/110 Macquarie Street, Teneriffe, QLD 4005

Investment | Retail

Sold

  • Property ID: 265793
  • Floor Area: 88m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 20/10/2017 88m2 N/A Contact Agent
100% Occupied For Over 20 Years

Ray White Commercial (Qld) are pleased to exclusively offer 3/110 Macquarie Street, Teneriffe QLD for Sale by Expressions of Interest, closing Tuesday 26 September 2017, 4pm (offers prior considered).

Teneriffe is Queensland's most desired suburb to live and as of May 2017 became Queensland's first and only $2 million* median priced suburb, recording an unprecedented 84.3% capital growth over the past three years^.

- Premium retail investment with 100% occupancy for over 20 years.
- Morgan Stanley reported that retail rents for premium shops in Brisbane had increased by 6.8% between June 2016 - June 2017.
- Tenant pays for all outgoings including management fees (excluding land tax if applicable)
- Secure monthly income underpinned by a 3 month Bank Guarantee and Personal Guarantee.
- Net income of $67,780* + GST.

As the exclusive marketing agents we encourage your strong consideration of this outstanding asset and look forward to assisting you with your enquiries.

*approximately
^Source: Brisbane Courier Mail
**This property is being sold by Expressions of Interest therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Teneriffe Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $7692 --- ---
Retail --- $1000 ---
Offices --- $156 ---
This is the average advertised price, rent and yield for Teneriffe, QLD 4005*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in QLD for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 3/110 Macquarie Street, Teneriffe, QLD 4005. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 3/110 Macquarie Street, Teneriffe, QLD 4005. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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