73 Rainbow Street,
Sandgate, QLD 4017

Shops & Retail

Key property information

Land area

Floor area

Tenure type

Sold on

Map of 73 Rainbow Street

Directions

BLUECHIP, FREESTANDING INVESTMENT OPPORTUNITY

PREMIUM QUALITY REFURB AND FITOUT
STATEGICALLY POSITIONED ASSET
SOLID, WELL RENOWNED TENANT

Elders Commercial Brisbane are pleased to present to the market for sale this standout, recently refurbished freestanding opportunity at 73 Rainbow Street, Sandgate. Positioned in the heart of Sandgate along busy Rainbow Street the property is fully leased to a proven and locally renowned restaurant/bar tenant, who has been operating in the property since 2021.

Key Features Include;

- Approx. 200m2 fully leased freestanding asset
- 427m2 District Centre (DC1) zoned Land Parcel
- Approx. $96,141.20 Net Return
- Leased until 2026 with 5 year option to renew
- Fully fitted kitchen & refurbishment to the façade
- Disabled access + amenities
- Walking distance to public transport nodes

For more information or to arrange a private inspection, please contact your exclusive Elders Commercial Agent today!

Sandgate, 4017 demographic data

The median household income for Sandgate is $1,804, 2% lower than Greater Brisbane's household income of $1,849. Sandgate has an older age profile compared to the rest of Greater Brisbane (median age 49 vs 36). Property ownership data shows 51% of property owners in Sandgate have a mortgage.

4,926

Population

$1,804 per week

Median household income

49 years

Median age

Owners

Most residents

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Most households