ICONIC NEW FARM RETAIL HOLDING IN PRIME CORNER POSITION
285sqm prime ground floor retail opportunity
Situated in Heritage listed ‘Brunswick Building’ built in 1889
Tenancy 1 (vacant) – 199sqm + 23sqm storage
Existing fit out includes two bars, kitchen and cold room w/ keg dispenser
Tenancy 2 – 63sqm retail space Leased to Yuzu & CO
Currently returning $48,499 net per annum (approx.)
Leased until 31 March 2019 with a further 3 year option
Three (3) allocated car parks
Strong holding position located across from New Farm Cinemas
The subject property presents a unique owner occupier opportunity with passing income or alternatively purely an investment opportunity providing the potential to reposition the assets vacancy and secure a quality F&B operator.
The affluent New Farm area is just two radial kilometres from Brisbane’s CBD and is noted as having the highest density of residents in the Greater Brisbane area with that trend continuing.
For further information or to arrange an inspection please contact your Raine & Horne Commercial agents.