High-exposure 810sqms. 2 retail buildings on 2 lots. 18 car spaces. Plus, development potential!

Sitting on side-by-side 405sqm lots, these two modern retail/office premises boast an expansive 20-metre frontage to Stanley Street East, which serves as a major arterial into the CBD, GABBA precinct, and South Brisbane.

Being sold together as an 810sqm land parcel (each lot with a separate freehold title and exclusive use of the 18 onsite staff/customer car parking spaces), this offering represents an unrivalled inner-city business, investment, or development opportunity.

Surrounded by other quality commercial occupancies, high-end residential homes, popular cafes, and entertainment venues, the area enjoys exceptionally high vehicle and foot traffic on both weekdays and weekends.

In addition, the address is footsteps from a bus stop serviced by multiple routes connecting the eastern suburbs to Woolloongabba train station in 3 minutes (hub of the forthcoming Cross River Rail); Southbank in 7 minutes; the CBD in 10 minutes, and Fortitude Valley in 15 minutes.

Currently returning a combined rental income of $11,411.38 (inc GST) + outgoings per month, the buildings each have long-term tenants in place (trading as successful hairdressing/beauty businesses respectively). Both leases end in 2025, providing the option for either a ready-made commercial investment (with a strong possibility of these tenants wanting to stay on), or operating your own business (and/or residing) in this unbeatable location.

In addition, the property’s broad “Business (Neighbourhood Centre) zoning” enables multiple options for redevelopment*.

Location highlights:
– Direct frontage to Stanley Street East- major inbound route to CBD, South Brisbane, Mater Hosptial
– Exceptionally high vehicle and foot traffic on both weekdays and weekends
– 10 min walk to the GABBA cricket ground
– Less than 200m walk to local coffee shops, CafĂ© 63 breakfast and lunch venue, and 7-Eleven,
– 50m walk to the popular Lord Stanley Hotel, currently undergoing a $10 million refurbishment
– Well-connected city bus stop out front; easy access onto the Pacific Motorway north or southbound
– Walk to shops, supermarkets, restaurants, bars in Stanley St E, South City Square, and Logan Road precincts
– Exposure to high-net-worth clientele with exclusive homes in surrounding streets

Property highlights:
– 2x adjoining 405m2 lots, each on own title, offered as a single 810m2 land parcel; 20m frontage
– Each with a modern retail/office building, central driveway & use of 18 staff/client parking spaces
– Each premises features full fit-out, full signage, and dry stair-free/disability access to the shop
– Successful long-standing tenants trading as a hairdresser and beauty salon- lease expires 2025,
– Option to renegotiate and extend the lease or give notice and start/operate your own business
– “Business (Neighbourhood Centre) zoning” also presents outstanding potential for redevelopment*.

For further enquiries, please contact the agent Craig Loudon on 0411 878 178.
*Subject to Brisbane City Council Approval