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Cushman & Wakefield - Brisbane

Shop, 1, 10 Market Street Brisbane City, QLD 4000

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Shop, 1, 10 Market Street,
Brisbane City, QLD 4000

Shop & Retail • Offices • Medical & Consulting

Price information

Sale - Auction Wed 28 Jul

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Key property information

Floor area

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$93,375
Number of Tenants
1 Tenant
Tenants / Type
Malt Traders

Auction

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Cushman & Wakefield - Brisbane

Cushman & Wakefield - Brisbane

Level 11, 123 Eagle Street
BRISBANE CITY, QLD 4000
Cushman & Wakefield - Brisbane
Shop, 1, 10 Market Street
Brisbane City, QLD 4000

Map of Shop, 1, 10 Market Street

Directions
  • Train stations within 5 km of Shop, 1, 10 Market Street, Brisbane City, QLD 4000Distance
    Central Station530 m
    Roma Street Station1 km
    South Brisbane Station1.2 km
    Fortitude Valley Station1.5 km
    South Bank Station1.6 km
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  • Bus stops within 5 km of Shop, 1, 10 Market Street, Brisbane City, QLD 4000Distance
    Charlotte Street Near Market St84 m
    Margaret Street Near Edward St155 m
    Charlotte Street Near Edward St219 m
    Elizabeth Street Near Edward St245 m
    Elizabeth Street249 m
    POWERED BY HERE ©
POWERED BY HERE ©

Affordable CBD Liquor Store Investment - Renewed 12 Year Lease

  • Renewed 12 Year Lease + Options
  • Coveted Golden Triangle Location
  • Net Income $93,375 pa + GST
Cushman & Wakefield’s National Investment Sales team is pleased to present to the market Shop 1, 10 Market Street, Brisbane for Sale via Auction.

The property has the following key characteristics:

- Renewed 12 year lease to 2032 + option to 2037
- Malt Traders - Longstanding, boutique, multi-site liquor store and bar operator with proven track record
- Strongly patronised store with the tenant in occupation 8+ years
- Well appointed liquor outlet and bar with direct exposure to Dexus’ $2.1 Billion* Waterfront Precinct Development
- Diversified and unique offering used as the distribution centre for tenant’s booming online sales business
- Coveted liquor asset class, recession and pandemic proof sector with sales up 26.7% nationally in 2020
- Strategic Brisbane CBD ‘Golden Triangle’ location within the professional services hub and in close proximity to the city’s premier office buildings and entertainment precinct
- Brisbane City - Thriving metropolis & QLD’s economic engine with $14.2 Billion investment and development pipeline
- Lease secured by Bank Guarantee and Director’s Personal Guarantee
- Fixed 3% annual rent increases
- Net Income $93,375 pa + GST

The investment is for sale by way of Cushman & Wakefield National Portfolio Auction on Wednesday 28 July at 10am.

Interested parties based in New South Wales will have access to our Live Stream and Online Bidding Platform strictly via prior arrangement.

Interstate Live Stream and Bidding Facilities will be available at the below Venues;

Brisbane - Dexus Place - Waterfront Place, Level 31, 1 Eagle Street, Brisbane
Melbourne - Dexus Place - Level 14, 385 Bourke Street, Melbourne

Should you hold interest in bidding on the asset from one of these locations or via the Online Bidding Platform, please contact the exclusively appointed Cushman & Wakefield property professionals.

Property ID: 503856746Last Updated: 22 Jul 2021

Agency contacts

Cushman & Wakefield - Brisbane
Level 11, 123 Eagle Street
BRISBANE CITY, QLD 4000
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Michael Collins

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Michael Collins
Cushman & Wakefield - Brisbane
Shop, 1, 10 Market Street Brisbane City, QLD 4000

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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