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Retail For Sale found in MILTON, QLD 4064

Properties located in the surrounding suburbs

THOROUGHBRED RETAIL OPPORTUNITY

Retail

Colliers International, on behalf of the long term owners, are pleased to present 161 Boundary Street in West End for sale by Public Auction at 9am on Thursday 15 June.
161 Boundary Street offers the opportunity to acquire a rarely traded and fully leased freehold property in the beating heart of the thriving inner-city suburb of West End. This 285msqr rectangular land parcel is improved with a two level commercial building with 10m frontage to the prized traffic on Boundary Street. The property is currently leased to the TAB and the SWOP Clothing Exchange. Imminent lease expiry's will allow the new owner to acquire an income producing asset at settlement with near term scope to reshape it to suit the needs of a new generation of restaurants, bars, retailers and office users.
Located only 1.5 kms from the Brisbane CBD, 161 Boundary Street is strategically positioned within the rapidly redeveloping West End shopping, dining and nightlife strip, one of Brisbane's most popular lifestyle precincts. The property is also nearby to a number of high profile development projects and within 200m of the precinct transforming West Village which is being developed by Sekisui House and has commenced construction.
Notable benefits and features of the property include:
- Total freehold land area 285msqr
- Two-storey 390msqr building
- Holding income from two tenants with near term expiry's
- Opportunity to re-position the property to suit new generation retail/ office businesses
- DC1- District Centre Zone
- Affluent catchment area with day and night trading potential
- Located 200m from the new West Village mixed use project
- One of Brisbane's most tightly held real estate markets
For further information or to inspect the property please contact the exclusive marketing agents.

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Price Contact Agent
Building 390m²
Land 285m²
Occupancy Vacant
Property ID 257055

NOT JUST A FISH 'N' CHIP SHOP

Retail | Development/Land | Offices

On behalf of the Vendor, Colliers International would like to welcome you to 186 Vulture Street, South Brisbane.
Take this chance to own your very own slice of land nestled in the towering unit market and entertainment precinct of South Brisbane. Positioned to take advantage of the influx of convenience style living, this well-appointed corner position will continue grow in demand as the population soars all around.
The Heritage shop front pays homage to an era that once was the high street of Vulture and Cordelia Street which now continues to be the gateway to South Bank and West End, with over 29,000 cars passing daily. Recently a residential 3 bedroom unit has been added to the rear of the property enhancing the potential income but also offering the opportunity of work and live in the same location comfortably.
Located a short walk from Southbank Train Station this well appoint property takes full advantage of it's high profile neighbours such as Tafe Queensland, Brisbane Convention and Exhibition Centre, Southbank Parklands and number of high profile schools including Brisbane State High, a coeducational state school which was recently ranked 3rd in Queensland for 2015.
The retail component of the property is currently leased to Swampdog, a local favorite and previously awarded top 10 Fish and Chips in Southeast Queensland by the Courier Mail. The current lease term will expire at the end of 2017 with a further three year option in favor of the tenant. The current residential unit is not tenanted but a market rental appraisal is available and can be provided. Additionally due to the exposure of the property outdoor billboard advertising would be highly suitable and rental quotes have been provided by leading outdoor advertisers. Williamson Architects have provided a concept plan to demonstrate the potential development upside.
Notable benefits and features include:
- Annual Net Income of $ 89,853.75 ex GST
- Retail lease expiry October 2017 + one three year option
- Retail Net Lettable Area 220msqr
- Immediate upside to improve income
- Residential Rental Appraisal available for three bedroom unit
- Billboard Rental Appraisal available
- Refurbished late 2007
- Total land area 238msqr
- 2 Allocated Car Parks
For further information, to arrange an inspection or to register please contact your exclusive marketing agents Colliers International.

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Price Contact Agent
Building 220m²
Land 238m²
Occupancy Vacant
Property ID 256932

OCCUPY AND/OR INVEST

Offices | Retail | Showrooms

* Two level commercial office/showroom/retail strata in West End
* 180m2 vacant space on first floor with two car spaces
* 180m2 ground floor with tenant in place with 1 tandem car park
* Occupy in part and continue with investment below
* Restructure entire property and have up to 360m2 to occupy
* Local area experiencing growth phase with residential gentrification
Situated in a leafy position in Musgrave Street West End this affordable tenancy is surrounded by a hub of successful business and new residential towers. The area has gone through a massive growth stage over the past 3 years with an influx of capital and development in the area. The property is split into two tenancies, each with individual access and own amenities. The first floor is vacant, fit out and ready to be occupied as is, or turned into a trendy new commercial tenancy like some of its neighbours. The tenant on the ground floor has been trading successfully, they have a 3yr option as at January 2018. They are paying $33,800 gross + GST pa.
The last two properties sold in the complex went quickly so contact the Exclusive Agent today to organise an inspection.

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Price: $1,150,000    Building: 360m²    Occupancy: Vacant

SPRING HILL FREEHOLD COMMERCIAL OPPORTUNITY

Medical | Offices | Retail

Ray White Commercial (Queensland) is offering for sale via Public Auction a freehold commercial opportunity at 494 Boundary Street, Spring Hill.
Highlights include:
- Located in the heart of the Spring Hill medical/ commercial precinct
- Short walking distance to all amenities and public transport
- 405m²* site
- 200m²* immaculately presented internal area
- Car parking for up to 4 cars
- Being offered with vacant possession allowing for immediate occupancy
Auction Details: Wednesday 19 July 2017, 10.30am at Level 26/ 111 Eagle Street, Brisbane QLD 4000
Please contact Nick Wedge or John Dwyer for further information or to arrange an inspection.
*approximately
**This property is being sold by Auction therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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Price: Public Auction    Building: 200m²    Land: 405m²


BLUE CHIP CBD INVESTMENT FREEHOLD

Retail | Development/Land | Medical

- Prime Retail Location
- Net Lettable area 1,266m2
- 100% tenanted investment
63 Adelaide Street, Brisbane offers a unique opportunity to secure a three storey, 100% tenanted retail investment, in the heart of Brisbane and a short walk to the Queen Street Mall, Treasury Casino, Myer Centre and King George Square.

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Price: Contact Agent    Building: 1195m²    Land: 422m²    Occupancy: Vacant

HOT RETAIL OPPORTUNITY

Retail | Offices | Medical

60m2 193m2 available
81 luxury apartments directly above
Street parking
Suitable for food, beauty or professional offices
VERDE Apartments is one of the most exciting and highly anticipated developments in South Brisbane. The development itself is visually stunning with the largest green wall in Australia and attention to detail to rival anything in the area.

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Price: Contact Agent    Building: 60m²    Occupancy: Vacant

CORNER SHOP WITH EXCELLENT EXPOSURE

Retail | Hotel/Leisure | Medical

$85,000 net pa with 4% increase annually
5 + 5 year lease commencing 31/10/2016
Located in one of the best locations in South Brisbane
Large outdoor area with busy foot traffic
1 secured car space and locked-up storage area
Surrounded by dense residential tower developments
Melbourne Street is increasingly popular with trendy restaurants and bars

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Price: Expressions of Interest    Building: 142m²    Occupancy: Vacant

NEW STRATA FLOORS - $1.95M (EXCL GST) PER FLOOR

Medical | Retail | Offices

- Prominent corner location
- Retail/Commercial Floors - available individually or in one line
- Ground Floor: 362m² *
- Level 1: 413m² *
- Car parking available onsite
- Suitable for a a variety of users
- Newly refurbished tenancies
Please contact John Dwyer, Jason Hines or Nick Wedge from Ray White Commercial (Queensland) for further information or to arrange an inspection.
*approximately

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Price/Rent: $1.95m (excl GST) Per Floor    Building: 362m² - 413m²    Occupancy: Vacant

SUBURB PRICE GUIDE

Suburb Summary - Milton, QLD 4064

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

Price (m²) Rent (m²) Yield
Offices $4659 $408 8.75%
Retail $402
Industrial $5300 $292 5.52%
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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