CBRE are pleased to present a rare opportunity to secure a prime, quality retail investment within the highly successful James Street retail precinct.
4-9A Doggett Street consists of a 420 square metre* strata investment opportunity in the renowned James Street precinct. The property boasts a fully leased modern space, as well as a very rare high visitor car park ratio with 13 car bays and a loading bay for use at the rear of the building.
The premise is located on the well-known Doggett Street, connecting James Street to Commercial Road and eventually finishing at Longland Street, adjacent to Newstead Riverpark Urban Renewal precinct. The property has great access to amenity, located within the retail hot spot of James Street, and is in close proximity to a plethora of quality retail and commercial developments, transport infrastructure and the Brisbane CBD (less than 2 kilometres south-west).
James Street has rapidly become Brisbane's foremost retail and lifestyle precinct. Having emerged originally from its inner-city industrial roots, the street and surrounding area has evolved into a high-energy urban pocket.
The precinct features a mix of over 130 specialty shops including a huge range of designer clothing and homewares stores, world-class restaurants and cafes, art galleries and design havens. Home to some of Brisbane's most renowned designers, the precinct not only attracts those seeking a fashionable retail experience, but also draws dedicated creatives who bring an intangible edge and feel to the area.
4/9A Doggett Street boasts a fully leased asset with a diversification of risk through two tenants, as well as the following key investment considerations:
- Rare, fully leased investment opportunity in James Street precinct;
- Extensive amenity throughout Fortitude Valley and Newstead;
- Under 1.5km to Brisbane CBD;
- 13 visitor bays and 1 assigned car park;
- $165,726* net passing income;
- NLA 420 sqm*.
For Sale via Private Offers to Purchase
For further Due Diligence information or to arrange an inspection, please contact Callum Short or Lachlan Tully.