Share this property

realcommercial.com.au

4/97 Linton Street Kangaroo Point, QLD 4169

Directions

4/97 Linton Street,
Kangaroo Point, QLD 4169

Shops & Retail • Offices • Medical & Consulting

Price information

Sold

$936,000

Key property information

Land area

Floor area

Tenure type

Sold on

Return

Map of 4/97 Linton Street

Directions

Retail / Beauty / Professional Office (119 m2)

  • 3 year guaranteed 6% net yield
  • polished concrete or wood veneer
  • generous fit-out allowance
Positioned on the border of Kangaroo Point and Woolloongabba this retail shop/professional office is conveniently located directly across from the Gabba. The shop is situated below 150 + apartments providing market opportunities for a variety of retail tenancies. It would be an ideal situation for cafe/restaurant, destination retail, professional offices, allied health, pilates or personal trainer.

The Final Fit-Out is under way!

Guaranteed gross rent for 3 years @ $1,150/week rent providing a 6% net yield. Outgoings $34.20 m2.

119 m2 Retail / Professional Office:
- Contemporary interior with glass façade
- Polished concrete, wood laminate, or carpeted floors
- Split or ducted air conditioning
- 4 metre ceiling (average estimate)
- Shared hotel quality serviced facilities
- Large gas supply
- 8000L grease trap
- Hot and cold water
- Disabled access via lift

Shop 4 Tenancy optional division: Whole - 119 m2 or easily split into two shops of 59 m2 each (TBD)

Included Fit-Out: There is an allowance for each tenancy which includes polished concrete/wood laminate/carpeted floors, painting, air-conditioning, and electrical. The fit-out is generous and most tenants can move into the space comfortably and have very little left to do. Tenants who commit prior to completion can allocate the fit-out allowance directly to suit.

6% Guaranteed Net Yield for 3 years - A head lease is available for each tenancy with a guarantee on the advertised lease value. The owner will pay for the initial lease commission and advertising costs. If a buyer occupies the tenancy prior to a lease the costs can be deducted from the purchase price.

Please call Merchants Commercial for an immediate inspection.

Property ID: 503795630Last Updated: 21 Jul 2023

04112546...
realcommercial.com.au logo
4/97 Linton Street
Kangaroo Point, QLD 4169
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.