232 Arthur Street,
Teneriffe, QLD 4005

Offices • Showrooms & Large Format Retail • Development Sites & Land

Key property information

Land area

Floor area

Property extent

Tenure type

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JLL - Brisbane

Central Plaza One Level 39, 345 Queen Street
BRISBANE CITY, QLD 4000

04138387...

232 Arthur Street

Teneriffe, QLD 4005

04138387...

Map of 232 Arthur Street

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IMMACULATE INVESTMENT WITH NEW FIVE YEAR LEASE IN PLACE

• Recently refurbished, modern two level retail/commercial building totally 861sqm*
• Elevated 931sqm lot with views to Brisbane CBD & future development upside (STCA)
• Fully leased asset with net passing income of $319,000pa* plus GST
• New 5 + 5 year lease to Camera Pro (85% by area)
• Fixed 3% annual increases providing long term rental growth
• Ideally located in one of Brisbane’s most desirable mixed use precincts
• Close walking distance to range of amenity including the iconic James Street
*Approximately

For sale via Expressions of Interest closing 4pm Thursday, 4 June 2020.

Development Upside
Fully Leased
931sqm Elevated Lot
Recently Refurbished

Teneriffe, 4005 demographic data

The median household income for Teneriffe is $2,645, 43% higher than Greater Brisbane's household income of $1,849. Teneriffe has an older age profile compared to the rest of Greater Brisbane (median age 37 vs 36). Property ownership data shows 60% of property owners in Teneriffe have a mortgage.

5,520

Population

$2,645 per week

Median household income

37 years

Median age

Renters

Most residents

Families

Most households

JLL - Brisbane

Central Plaza One Level 39, 345 Queen Street
BRISBANE CITY, QLD 4000