Property Sold - Auction Cancelled

Tenancy 1, 550 Queen Street, BRISBANE CITY, Queensland 4000

Retail For Sale

Auction. Date 25 Jun 2019
Floor Area: 89.00 m2.    

Description

Colliers International is proud to exclusively offer a brand new, ground floor retail investment within the highly acclaimed, Spire Residences.

Key Investment Features:

• Brand new 5-year lease plus 2 x 5 year options
• Tenanted by Consolidated Properties Group – One of Australia’s leading development companies
• Premier designed fit out by Shaun Lockyer Architects
• Triple net lease of $68,975 per annum plus GST (tenant covers all outgoings)
• Fixed 4% reviews annually
• Net lettable area of 89m²* with additional 24m²* storage
• Ground floor exposure to Queen Street within prominent ‘Golden Triangle’

The Auction is being held during Colliers International’s Premium Investment Auction in Sydney, NSW on Tuesday 25 June at 10.30am at Level 30, Grosvenor Place, 225 George Street, Sydney, NSW 2000. For Brisbane investors, there will be a live stream auction held onsite for bidding.

For further information or to arrange an inspection, interested parties are encouraged to contact the exclusive selling agents at Colliers International.

Features

  • Net income $68,975* pa
  • Fixed 4% increases pa
  • Tenant pays all outgoings

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