For Sale, Public Auction at 11am Wed 17th November 2021
Long Term Industry Leading Tenant
McGees Property Brisbane is pleased to exclusively present a rare opportunity to acquire a premium, Brisbane CBD Golden Triangle retail asset, Anchored by an industry leading beauty, health and therapy tenant Brazilian Beauty. Brazilian Beauty has traded at 97 Creek Street since 2007 & rarely offered to the market this coveted retail asset will present an opportunity to secure an irreplaceable, secure investment with guaranteed rental growth.
o 7 year lease to 2024 + option to 2027 o $87,789 PA + outgoings + GST as of 01.11.2021 o Brazilian Beauty 9 Clinics across Queensland and 1 Adelaide Clinic o 82² Ground floor Retail Space facing Creek Street o Strong Commuter foot traffic generated from Brisbane Central Station o Irreplaceable 'Golden Triangle' location between Adelaide & Queen Streets o Lease is secured by a transferable bank guarantee o Scarce Product Type and Historically Low Vacancy o Fixed 3% Annual Increases
Brisbane CBD Brazilian Beauty will be sold by the way of a Public auction on Wednesday 17th November 2021 11am in rooms Level 5, 410 Queen Street, Brisbane CBD.
For further information please contact the exclusive McGees Property agents.
