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Overview
BITE SIZED TENANTED INVESTMENT OPPORTUNITY!
This commercial retail strata is situated in a highly accessible and sought-after location in the heart of Fortitude Valley, offering an excellent investment opportunity. The property is adjacent to Hungry Jacks and located in a flagship mall position, providing a prime retail investment in a vibrant inner-city hospitality precinct.
The premises comprises a 47 square meter restaurant space, ideally positioned to benefit from the increased trade generated by the neighboring Hungry Jacks outlet. It adjoins the Brunswick Street Mall, which is known for its lively atmosphere and late-night trade, enhancing the property's appeal to both tenants and customers.
Current lease arrangements include a rent of $59,008.78 exclusive of GST, with the lease having been renewed for a further three years commencing 1st July 2022. The tenant has been trading in this location for nine years, demonstrating stability and ongoing demand. Additionally, there is a three-year option available, providing potential for continued income and investment security.
The location offers excellent connectivity to multiple public transport options and major road networks, facilitating easy access for customers and staff alike. Fortitude Valley itself has evolved into a thriving precinct, renowned for its diverse food, beverage, and entertainment offerings, including the notable Fortitude Valley Music Hall.
Brunswick Street is conveniently positioned at the doorstep of Brisbane City, the James Street Precinct, and the Fortitude Valley train station, making this property an attractive proposition for investors seeking exposure to a dynamic commercial hub.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Fortitude Valley QLD 4006
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 47 m² |
Market Insights for Fortitude Valley QLD 4006
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