2/27 Commercial Road, Newstead, QLD 4006

Retail | Showrooms

For Sale

  • Property ID: 438027
  • Floor Area: 137m²
  • Occupancy: Tenanted
Street View
NEWSTEAD RETAIL INVESTMENT | CIRCA 6% YIELD!

Elders Commercial Brisbane are pleased to present to the market for sale a multi tenanted investment property within the highly sought after Newstead commercial precinct. 2/27 Commercial Road, Newstead presents the rare opportunity to secure a fully leased asset that returns a strong net return off the back of two well established businesses, El Café and Momiji.

Key features includes:

- 137m2 ground floor retail
- Split across two (2) tenancies
- One (1) secure car park
- WALE of 3.68 Approx.
- Net Return of $118,041.60*
- Huge Commercial Road exposure & signage
- Strong mix of surrounding office, retail & hospitality users
- Great connectivity to major arterial & thoroughfares

For more information or to book an inspection, please contact your Exclusive Elders Commercial Agent today.

Newstead Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $5391 $435 8.07%
Offices --- $470 ---
Industrial --- $234 ---
This is the average advertised price, rent and yield for Newstead, QLD 4006*
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.
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  Elders Commercial Brisbane

 

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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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