Raine and Horne Commercial are pleased to present to the market 127 Redland Bay Road, Capalaba which is offered for sale by Auction on Tuesday 18 January 2022 (if not sold prior). This high profile freestanding building is currently tenanted to Star 8 Australia Pty Ltd ( a member of the global Star 8 group of companies) until 30 November 2026 with a five year option and a net income of $190,800 per annum.
Ideally positioned in one of SEQ's most tightly held and popular retail and commercial precincts this outstanding property is strata titled with mixed use zoning and reconfiguration options for future use. It is surrounded by national tenants and offers excellent visibility with an estimated 45,000 vehicles passing daily. Total of 14 onsite car parks with five undercover. Information Memorandum and Due Diligence package available upon request. Building particulars are as follows:
Unit 1 - 399sqm
* Includes 122sqm showroom with secure, full glass frontage and 227sqm warehouse with suspended ceiling and generous internal height
* Warehouse can be reconfigured to extend the showroom
* Fully air conditioned throughout the entire tenancy
* Separate storeroom
* Own amenities - lunchroom with kitchenette, shower, male and female toilets
* HUGE potential for signage on the northern wall facing outbound Capalaba traffic
Unit 2 - 207sqm
* Includes 38sqm tiled reception area with 16sqm adjoining office on ground floor and 120sqm office space on first floor comprising open plan area, meeting room, two separate offices
* Full glass frontage over both levels
* Own amenities - kitchenette and toilet on first floor
* Fully air conditioned throughout
* Own balcony with exceptional panoramic views down Redland Bay Road
* Excellent signage and exposure to Redland Bay Road
Auction to be held onsite at 11.00am on 18 January 2022 (if not sold prior)
For further information and to arrange an inspection (by appointment only) please contact Exclusive Agents, Colin Tucker and Nick Comino.
* All sizing noted above is approximate