QCommercial Properties in conjunction with RE/MAX U is pleased to exclusively present to the market an opportunity to lease and/or acquire a quality commercial property in the heart of West End, located on the ground floor of the 'View' building in Pradella's multi building residential estate 'The Gardens', 30 Duncan Street West End.
West End is currently going through a residential and commercial development boom and this asset is strategically located in the midst of this activity.
West End is on a trajectory of growth and innovation, making this commercial tenancy an exceptional opportunity for businesses and investors looking to capitalize on a thriving market.
The current opportunity is to:
1) Purchase the existing strata unit that is currently split into 3 x tenancies. Table 26 Café is a successful coffee brand that is located in many major shopping centres, such as Indooroopilly, Carindale and Chermside, with more store openings in the pipeline. Nightowl has an existing lease in place until 9th July 2027 but have vacated. There will be guaranteed cash flow as per the lease term whilst a new convenience store tenant can be identified. The 3rd tenancy is a fully fitted out office with a short term lease in place expiring 31st July 2024. This presents an opportunity for an investor and/or owner occupier to consider this strategic acquisition.
2) Leasing options are:
a. Lease a substantially fitted convenience store with minimal fit-out outlay. This fit-out includes counter, cold room, retail space, storage, air conditioning, cabinetry and much more.
b. Lease a fully fitted office space with a functional layout including an open plan work areas.
Expression of Interest Campaign for the sale of the strata is closing on the 11th of July 2024, at 4PM.
We urge all discerning investors and tenants to seriously consider this property as a valuable addition to their core property and/or business portfolio, as opportunities like this rarely come to the market and will not last long.
SALE
- Title Area 389m2*
- Nett Lettable Area 232m2*
- Table 26 : Shop 1 (Café) 53m2* excluding external dining area
- For Lease: Shop 2 (Convenience Store) 144m2* + external licensed area. Currently leased to Night Owl.
- For Lease: Shop 3 (Office) 35m2* + external licensed area
- Massive street frontage of 35m*
- Close to major amenities: West End markets,Brisbane River, High street of Montague Rd, West End State School, Brisbane State High, South Bank and
Brisbane CBD
- Car parks x 2 Underground cark parks
FOR LEASE:
Shop 2 (Convenience Store)
- Area - 144m2* + external licensed area
- Fully functional convenience store previously occupied by Night Owl includes a counter area, retail space, 2 x storage areas, 2 offices and a toilet.
Shop 3 (office)
- Area - 35m2* + external licensed area
- Fully fitted out office, includes a reception area with a large open plan layout
EXPRESSION OF INTEREST CAMPAIGN CLOSING 11th JULY 2024 (4PM)
For more information on this exciting opportunity and to arrange a site inspection please contact the exclusive marketing agent.
*Approximately
