36 Vernon Terrace, Teneriffe, QLD 4005

Retail

Sold

  • Property ID: 398633
  • Floor Area: 51m²
  • NBN Availability: Service Available - Fibre to the building (FTTB)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 51m2 N/A Contact Agent
RARE WOOLSTORE RETAIL INVESTMENT OPPORTUNITY - WON'T LAST LONG

Elders Commercial Brisbane are pleased to present to the market for sale an unrivalled opportunity within Teneriffe’s iconic London Woolstore! The property is being sold as a tenanted investment opportunity with quality covenant Alfies Hair Design. Retail spaces of this size and character nature are a rare commodity in Brisbane, not to mention a piece of Brisbane’s history. Key features include:

- Approx. 51m2 ground floor retail space
- Returning approx $24,358 + GST per/annum Net.
- Situated within a hub of established businesses including Becofinos & Brazilian Beauty
- One (1) exclusive onsite car park plus excellent onsite street parking
- Fantastic signage potential, huge exposure and wide frontage along Vernon Terrace
- Ground floor retail with huge character style, polished floors, high ceilings, open plan configuration

Located in the heart of Tenerife and coupled with a solid tenant on a four (4) year lease with another four year option, this is the perfect addition to the investment portfolio. For more information on this excellent opportunity or to request an IM, contact your EXCLUSIVE ELDERS Commercial agents today.

Teneriffe Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $7692 --- ---
Retail --- $1000 ---
Offices --- $156 ---
This is the average advertised price, rent and yield for Teneriffe, QLD 4005*

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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