» »
Rare Oceanfront Investment - National Tenant

171 Redcliffe Parade, REDCLIFFE QLD, 4020

Sold

Property Sold in 171 Redcliffe Parade, REDCLIFFE QLD, 4020

Burgess Rawson (QLD) Pty Ltd

Level 24, 324 Queen Street, Brisbane, QLD 4000

Listing ID:
11306060
Status:
Sold
Price:
Price on Request
Last Updated:
12/10/2018
Icon building

Property Type

Retail
Icon square

Land Area

405 SQM
Icon size

Floor Area

332 SQM
Icon parking

Parking

N/A

Rare Oceanfront Investment - National Tenant

7 year lease to 2020 plus 7 year option to 2027
Direct lease to The Coffee Club (Properties) Pty Ltd
The Coffee Club: established 1989 and currently operating 400 stores in 9 countries
Oceanfront reserve freehold property overlooking Redcliffe Pier
Long term redevelopment potential to 12 storeys (STCA)
Large 332 sqm premises on 405 sqm land – plus exclusive use of street front alfresco dining area
Rear lane entry accessing parking for up to 6 vehicles
Stunning views to Moreton Island
High traffic Brisbane seaside tourism precinct
Neighbouring tenants include Chemist Warehouse, Vast Interiors, Subway, Banjo's and others
Tenant pays all outgoings as per lease
Easily managed single tenant investment
Valuable 3% per annum rental increases
Net Income: $156,088.88 p.a. as at 1 Sept. 2018 (Excl. GST & Incl. Land Tax)

Auction to be held on Tuesday 31 July 2018 at 11am AEST
Venue: Doltone House, Hyde Park - 181 Elizabeth Street, Sydney

For more details, please email agent

Burgess Rawson (QLD) Pty Ltd

Level 24, 324 Queen Street, Brisbane, QLD 4000


More properties from Burgess Rawson (QLD) Pty Ltd
Sold
304-308 Mulgrave Road, WESTCOURT QLD, 4870

304-308 Mulgrave ...

Retail
Sold
435 Esplanade, TORQUAY QLD, 4655

435 Esplanade, TO...

Land/Development
Sold
948 David Low Way, MARCOOLA QLD, 4564

948 David Low Way...

Retail
For Sale
1/230 Shute Harbour Road, CANNONVALE QLD, 4802

1/230 Shute Harbo...

Offices
Sold
113 Musgrave Street, ROCKHAMPTON CITY QLD, 4700

113 Musgrave Stre...

Retail
Sold
1 & 4/8 William Murray Drive, CANNONVALE QLD, 4802

1 & 4/8 William M...

Industrial/Warehouse
More properties from Redcliffe
Leased
121-123 Redcliffe Parade, REDCLIFFE QLD, 4020

121-123 Redcliffe...

OfficesRetailMedical/Consulting
Sold
REDCLIFFE QLD, 4020

REDCLIFFE QLD, 4020

Retail
For Lease
REDCLIFFE QLD, 4020

REDCLIFFE QLD, 4020

Offices
For Lease
3/29-31 Anzac Avenue, REDCLIFFE QLD, 4020

3/29-31 Anzac Ave...

RetailOffices
For Lease
27 Redcliffe Parade Redcliffe  / 88 Sutton St, REDCLIFFE QLD, 4020

27 Redcliffe Para...

RetailOfficesShowrooms/Bulky Goods
For Lease
1/29-31 Anzac Avenue, REDCLIFFE QLD, 4020

1/29-31 Anzac Ave...

RetailOffices
Loading...