BA/187 Queen Street, City Centre

Sold March 2016

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324m² Floor Area

QUEEN STREET RETAIL - 10 YEAR LEASE


This is a rare opportunity to secure an affordable retail property with a Queen Street address with a long lease and fixed rental growth in place (average net rent $222.18/m²).

Situated in the heart of the CBD in Landmark House, there is a new 10 year lease in place returning $72,901 net per annum, with built in 4% fixed rent increases every two years.

Queen Street has undergone a significant revitalisation in the last few years with the addition of new retailers Top Shop, Prada, Dior and Swarovski. Secure your position in this prime retail strip; call now for more details.

KEY FEATURES:

  • $72,901 net rent plus GST and outgoings
  • 10 year lease from 1 July 2015
  • 328.12m² ($222.18/m² average net rent)
  • 4% fixed rent increases every two years

Property details

Location:
BA/187 Queen Street, City Centre
Property ID:
65534

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