159 Richmond Road, Morningside, QLD 4170

Retail | Other

For Sale Contact Exclusive Agent

  • Property ID: 391788
  • Floor Area: 110m²
  • Land Area: 410m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)

Situated on a busy bypass road, with tenants in place, this property is a great investment opportunity for the astute investor.
Featuring two leased shops, a popular Cafe' and Thai Massage, this property is located in one of Brisbane's ideal inner city suburbs.

Features Include:
- Land Size – 410m2
- NLA – Shop A - 52m2, Shop B – 58m2
- Shop A Massage – 3 Year Lease
- Shop B Coffee Shop – 5 Year Lease + 1 x 3 Year Option
- Both tenancies include exclusive use courtyard areas
- 4 carparks onsite (with one carpark currently used for outdoor dining), plus ample street parking
- 3 Phase Power
- Signage exposure

Situated only 8km to Brisbane CBD, next door to the ever popular suburbs of
Bulimba and Hawthorne, just minutes to the Gateway Motorway and 850m
from Morningside train station, this opportunity is not one to miss.

Please contact the Exclusive Marketing Agents Geoff and and Chris Esdale for
further information and to schedule your inspection.

Morningside Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $3700 $191 5.17%
Retail $9091 $604 6.65%
Offices $3644 $305 8.36%
This is the average advertised price, rent and yield for Morningside, QLD 4170*

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™.
  • 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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