overview

  • 1P16899
  • Retail
  • For Sale
  • 82 sqm

Description

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.

video

Enquiry Form