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Retail in EAST BRISBANE
Invest and/or Occupy - Secure Long Term Lease with Adjoining Modern Office Ready for Occupation
- Building: 158m²
Ray White Commercial Queensland has the pleasure to offer Units 2 & 3/ 11 - 17 Lytton Road, East Brisbane to the market for sale individually or in one line via Expressions of Interest closing 28 July 2022.
Property Highlights include:
- Long Term Lease until 2029 with fixed 2.99% increases (Lot 3)
- Recently refurbished office with modern improvements (Lot 2)
- Corner allotment providing great exposure to 55,700* Daily Vehicles
LOT 3
• 37sqm* NLA
• Long term lease to June's cafe until 2029 with 1x7 Year option
• Strong annual increases (2.99% Fixed)
• Tenant has been in operation since 2017
• Secure lease structure
• Recently refurbished
• Corner allotment providing significant exposure to passing traffic
• 1 car park
• Net income $30,195* p/a + GST
LOT 2
• 121sqm* NLA
• Opportunity to occupy or invest
• Fully fitted out with high quality office
• Historically low vacancy rate. First time vacant since completion of development in 2015
• Flexible mixed use zoning allowing for a variety of uses
• High car parking ratio with 3 car parks on title
• Significant frontage to Lytton Road provides substantial opportunity for signage and brand exposure
For further information or to arrange an inspection please contact the exclusive agents Ray White Commercial Qld.
*Approximate
158m²
Vacant
Retail, Offices, Other