Chance to buy on Brisbane's Queen Street retail mall

Chance to buy on Brisbane's Queen Street retail mall
Chance to buy on Brisbane's Queen Street retail mall

A retail space on Brisbane's Queen Street Mall has been listed for sale.

The property at 114 Queen Street has a floor size of 564 sqm.

It has a $22 million asking price, which reflects a 5% plus yield.

It is leased to Flight Centre.

Chance to buy on Brisbane's Queen Street retail mall

The property has a net income of $1,146,236 per annum with fixed annual increases of 5 percent.

It is located close to Brisbane's newest $3 billion landmark, Queens Wharf Casino Precinct development.

Billed as Australia's busiest mall which attracts over 27 million visitors each year.

It is being offered through CBRE Brisbane agents Tom O'Driscoll and Andrew Adnam.

Tags: 
Brisbane Commercial Property

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