141-145 Griffith Road, Newport, QLD 4020

Retail | Offices

Sold

  • Property ID: 434641
  • Floor Area: 833m²
  • Land Area: 3110m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 15/03/2024 833m2 3110m2 Contact Agent
Fully tenanted local centre - Mariner Plaza

Ray White Commercial Northern Corridor Group are pleased to offer the Newport "Mariner Plaza" a lucrative centre with an exceptional tenant retention history since 1999, located at 141-145 Griffith Road, Newport for sale.

Situated among the stunning Newport canals awaits this well performing centre anchored by the Friendly Grocer Supermarket, Ray White, Champion Cellars and other long term, well established, supporting businesses. This is a rare opportunity to secure a profitable freehold centre investment in an exclusive location servicing the existing and expanding growth in the immediate area including the exclusive Newport waterfront living residences.

Features:
- 833m2 net lettable area
- Land area approx. 3,110m2
- Circa $292,678.78 net income
- Rental upside
- Exclusive water view location
- Exceptional traffic exposure
- 41 car parks - ratio of 1 : 20
- Public transport at front of property
- Surrounded by major ongoing development & infrastructure

For further information please contact Aaron Canavan or Chris Massie.

Newport Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $4802 --- ---
Offices $4802 --- ---
This is the average advertised price, rent and yield for Newport, QLD 4020*

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:

  • 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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