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Retail For Sale found in WEST END, QLD 4101

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

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

SOUTHBANK RETAIL INVESTMENT!

Retail

Available for purchase via Expressions of Interest is a mixed use residential / commercial freehold building in the heart of Southbank. Attributes of the offering include:
- High quality restaurant tenant going into second option of 3 years $85,575 + Outs + GST
- Three (3) bedroom residential unit returning $41,600 pa*
- Close to all amenity and public transport
- Ample customer parking
- Large truck and delivery access
- Male and female toilets
For more information contact your ELDERS agent today!

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Price: Contact Agent    Building: 238m²    Occupancy: Vacant

Properties located in the surrounding suburbs

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


CONTRACT FALLEN OVER - SPRING HILL MIXED USE OPPORTUNITY

Medical | Offices | Retail

The previous contract has fallen over and now this unique, freehold, mixed use opportunity at 494 Boundary Street, Spring Hill is back on the market!
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
Please contact Nick Wedge or John Dwyer for further information or to arrange an inspection.
*approximately

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Price: $1,750,000    Building: 200m²    Land: 405m²    Occupancy: Vacant

BRAND NEW FULLY LEASED INVESTMENT - 7% NET

Retail

Ray White Commercial TradeCoast is pleased to present The Marc, Kangaroo Point's newest boutique mixed use development.
- Fresh 5+5+5 year lease to Hairdresser experienced
- Three (3) month gross bond + personal guarantee
- Fixed 4% rental increases
- Lot 102 consists of 48sqm* Ground floor retail space for sale on busy Main Street, ideal for a strategic investor
- Excellent frontage to Main Street and Thomas Street, this tenancy is exposed to approximately 20,000 cars per day and only 1.1km's from Brisbane's CBD
- 1 exclusive use car park, 13 visitor car parks onsite as well as street parking
- Grease trap access, 3 phase / 100 amp power, gas connection, air-conditioning provision and Glazed frontages with double entry glazed doors
- Developer offering great incentives for investors with a 12 month rental guarantee
Sale Price: $480,000 (going concern)
For further information or to arrange an inspection please contact the exclusive marketing agents
(*approx.)

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Price: $480,000    Building: 48m²    Occupancy: Vacant

FULLY LEASED INVESTMENT - 7% YIELD - 60SQM* BRAND NEW GROUND...

Retail

Ray White Commercial TradeCoast is pleased to present The Marc, Kangaroo Point's newest boutique mixed use development.
- Fresh 3+3+3 years lease to a church paying $42,000 p/a + Outgoings + GST
- Three (3) month gross bond/guarantee
- CPI increases
- Lot 101 consists of 60sqm* Ground floor retail space for sale on busy Main Street, ideal for a strategic investor
- Excellent frontage to Main Street and Thomas Street, this tenancy is exposed to approximately 20,000 cars per day and only 1.1km's from Brisbane's CBD
- 1 exclusive use car park, 13 visitor car parks onsite as well as street parking
- Grease trap access, 3 phase / 100 amp power, gas connection, air-conditioning provision and Glazed frontages with double entry glazed doors
Sale Price: $600,000 (going concern)
For further information or to arrange an inspection please contact the exclusive marketing agents

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Price: $600,000    Building: 60m²    Occupancy: Vacant

RARE OPPORTUNITY IN CITY FRINGE TO SECURE A STRATA SHOP $675...

Retail | Medical | Offices

This shop is located in the Roma St Parklands adjoining the lift foyer to one of the apartment buildings built along Parklands Boulevard. Ideal for an owner operated business or Investor.
* Shop area of 89 m2 + Mezzanine storage as bonus
* Exclusive use 1 car park in basement
* Tiled Floor
* Ground Floor position adjoining Tower Foyer entry
Contact Tom Chan 0478 586 131 for inspection
Opportunity for Business or Professional to be an owner occupier in this unique precinct

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Price: $675,000 excluding GST    Building: 89m²    Occupancy: Vacant

SUBURB PRICE GUIDE

Suburb Summary - West End, QLD 4101

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

Price (m²) Rent (m²) Yield
Offices $4113 $343 8.33%
Retail $5689 $452 7.95%
Industrial $2743 $190 6.91%
* 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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