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Retail For Sale found in SOUTH BRISBANE, QLD 4101

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

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

BUSINESS OR HOUSE OR BOTH!

Retail

For lease or sale
Huge exposure
Bathroom and bedroom
186 Vulture Street is perfect for a variety of uses including restaurant or professional offices.

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Price: Contact Agent    Rent: Contact Agent    Building: 220m²    Land: 238m²    Occupancy: Vacant


NET YIELD 9% APPROX.

Hotel/Leisure | Offices | Retail

26 room boarding house
Excellent cash flow with high occupancy rate
Below market rent - potential to increase with some improvement.
One of few boarding houses left in West End / South Brisbane area
15 Browning Street presents a rare opportunity for an astute investor to acquire a prime, high income producing property in the rapidly changing South Brisbane.
The property is located in the inner city suburb of South Brisbane, approximately 700 metres south of the Brisbane CBD. Of all Brisbane suburbs, South Brisbane has seen the most amazing transformation over the last few years.
It is close to all means of public transports, and just a few minutes walk to cosmopolitan West End with trendy cafes, bars and restaurants.
South Brisbane is also close to the Southbank Parklands, one of Brisbanes most popular destinations for locals and tourists.

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Price: Interest Over $1.85 Million    Building: 455m²    Land: 455m²    Occupancy: Vacant

RETAIL / OFFICE OPPORTUNITY WITH OUTDOOR AREA

Offices | Medical | Retail

Great Location
Transport At Door
Walk to CBD
Affordable Rate
Conveniently positioned right in South Brisbane on Manning Street and close to all the action. This very well presented 58m2 internal space with approx. 16m2 of outdoor area would suit a great number of uses. 1 permenant car park included. Available for lease or sale.

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Price: Contact Agent    Building: 58m²    Occupancy: Vacant

Properties located in the surrounding suburbs

MAIN STREET RETAIL - SALE OR LEASE

Retail

- Ground floor retail space with high exposure and signage
- Trade waste, exhaust, air-conditioning, gas connection and 3 phase power
- Glass doors and windows providing ample natural light
- Allocated car park with thirteen (13) visitor parks
- Lease: 63m2, 121m2 or combined 184m2 @ $700/m2 Net + Outgoings + GST
- Sale: 48m2, 60m2, 63m2, 121m2 or combined 292m2 @ $10,000/m2 + GST
- Yields of 7% on tenanted premises
*Approximate areas

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Price/Rent: Lease $700/m2 Net / Sale $480,000 - $1,210,000    Building: 48m² - 292m²    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

SUBURB PRICE GUIDE

Suburb Summary - South Brisbane, QLD 4101

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

Price (m²) Rent (m²) Yield
Offices $5264 $389 7.38%
Retail $5625 $493 8.76%
Industrial $205
* 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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