Share this property
Elders Commercial - Brisbane

36 Vernon Terrace Newstead, QLD 4006


36 Vernon Terrace,
Newstead, QLD 4006

Shops & Retail • Offices • Medical & Consulting

Price information


Contact Agent

Key property information

Floor area

Car spaces

Parking info

Tenure type

Sold on

Map of 36 Vernon Terrace


SOLD FOR $1,450,000 - 4.9% YIELD!

  • Longstanding tenant in place
  • 114m2 unique retail space + 1 car
  • High end extensive fit out
Elders Commercial Brisbane are pleased to present to the market for sale an unrivalled blue-chip investment opportunity at the base of the London Woolstore Building. The property consists of 114m2 of ideally located retail space offering fantastic Vernon Terrace frontage with a longstanding tenant. Situated amongst a cluster of established businesses, there is excellent exposure to both foot and vehicular traffic as well as being positioned less than 300m from the Teneriffe Ferry Terminal and only a stone's throw to the Brisbane CBD.

The opportunity offers investors the option to purchase a blue-chip retail investment with the strong covenant of a tenant with exceptional track record.

Key features of the property include:
- New seven (7) year lease + five (5) year option
- Proven tenant in place for over (11) years
- 114m2 character retail space
- Current tenancy returns $72,390 NET + OUTGOINGS + GST per annum
- One (1) car space
- Substantial high-end fit out
- High socio-economic inner-city precinct
- Fantastic signage potential onto Vernon Terrace
- Ideally positioned with close proximity to renowned retail amenities and the Gasworks precinct

Expressions of Interest close 15th of June 2022 at 4PM!

For more information or to arrange an inspection, please don't hesitate to contact your exclusive Elders Commercial Agents Today!

Property ID: 504067927Last Updated: 19 Sep 2022

Elders Commercial - Brisbane

14 Gibbon Street
0424 004 3...
Elders Commercial - Brisbane
36 Vernon Terrace
Newstead, QLD 4006
Elders Commercial - Brisbane
14 Gibbon Street
progress tick

Sending email...

Make an enquiry

What's your enquiry about?


Enter your details

Name (required)
Email address (required)
Phone number

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.

More properties from Elders Commercial - Brisbane

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