Shop B/148 Merthyr Road, New Farm, QLD 4005

Retail | Showrooms

For Lease $90,000 Gross per annum + GST

  • Property ID: 435363
  • Floor Area: 121m²
121sqm + Outdoor Area. Prime New Farm Retail. Fitted Out Restaurant

* Rare opportunity to secure fitted out food restaurant.
* High-end internal fit out (no furniture/equipment).
* Cold room, exhaust, wine fridges, sinks/etc in place.
* Rear amenities, shared grease trap.
* Prime glass shop frontage to busy Merthyr Road.
* Walking distance to New Farm Park.
* Surrounded by high end residential properties.
* Covered outdoor awning for dining.
* Deal to be done.

LEASE RATE: $90,000 Gross per annum + GST
AVAILABLE SPACE: 121 sqm

Location
Located approximately one kilometre from the CBD, New Farm has undergone a substantial shift towards new residential and commercial developments during the past few years with further developments still pending. New Farm's location allows good access to the Storey Bridge and southern suburbs and it’s proximity to the city makes doing business very convenient.

New Farm Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $6316 $637 10.08%
Offices $6316 $786 12.44%
Industrial --- $266 ---
This is the average advertised price, rent and yield for New Farm, QLD 4005*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in QLD for Lease

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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