1/161 Grey Street,
South Brisbane, QLD 4101
Shops & Retail
Price information
Sold
$2,310,000
Key property information
Land area
Floor area
Property extent
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Map of 1/161 Grey Street
South Bank: Brisbane's Premier Entertainment and Cultural Precinct - Rare Retail Investment Opportunity!
- Rare retail investment opportunity
- Cafe in occupation 8 years
- Tenant pays 100% outgoings
5 year lease to 20th July 2020 + options to 2025.
Annual CPI + 1% reviews.
6 month bank guarantee in place.
Established cafe/restaurant business in operation 8 years.
127 sqm retail area plus al fresco dining.
Positioned in the heart of Grey Street retail and dining precinct between Mantra Hotel and South Bank (IMAX) Cinemas.
South Bank is Brisbane's premier public space, tourist destination and recreational, entertainment and business precinct. The 42 hectare site encompasses Queensland's quintessential qualities: climate, landscape, character, diversity and lifestyle, and is continually evolving to create innovative and world class experiences for the 10 million people who visit each year.
Tenant pays 100% of outgoings as per lease.
Net Income: $136,707 pa + GST.
Annual CPI + 1% reviews.
6 month bank guarantee in place.
Established cafe/restaurant business in operation 8 years.
127 sqm retail area plus al fresco dining.
Positioned in the heart of Grey Street retail and dining precinct between Mantra Hotel and South Bank (IMAX) Cinemas.
South Bank is Brisbane's premier public space, tourist destination and recreational, entertainment and business precinct. The 42 hectare site encompasses Queensland's quintessential qualities: climate, landscape, character, diversity and lifestyle, and is continually evolving to create innovative and world class experiences for the 10 million people who visit each year.
Tenant pays 100% of outgoings as per lease.
Net Income: $136,707 pa + GST.
Property ID: 502513558Last Updated: 19 Dec 2017
1/161 Grey Street
South Brisbane, QLD 4101
Kelly & Co Property - BrisbaneLevel 12, 324 Queen Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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