Fully leased retail investment opportunity in the heart of Brisbane City

Shop 16, Anzac Square Arcade, 198 Adelaide Street, BRISBANE CITY, Queensland 4000

Retail For Sale

Offers
Floor Area: 159.00 m2.    

Description

Colliers International’s National Strata Team is pleased to offer Shop 16, 198 Adelaide Street, Brisbane City for sale.

Unit 26 (known as shop 16) 198 Adelaide Street located on the first level of Anzac Square Arcade. The Anzac Arcade takes a prominent position in the Brisbane CBD on the corner of Adelaide and Edward Street. It has gained a strong reputation for being one of the busiest foot traffic retail precincts in Brisbane due to its link between the Queen Street Mall and Central Station.

Key features of this retail investment include:
- Located in the heart of Brisbane’s CBD
- Established restaurant tenant
- Net lettable area of 159m²
- 3 year lease term + 2 x 3 year options
- Base income of $78,000*
- Outgoings of $49,916 (FY16 estimated) recoverable
- 4% fixed rental increases annually
Access via Adelaide Street, Edward Street, Central Station and Ann Street

Please contact the marketing agent at Colliers International for any further details..

Features

  • 3 year lease term + 2 x 3 year options
  • Base income of $78,000*
  • Net lettable area of 159m²

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