40/11 Manning Street, SOUTH BRISBANE QLD 4101 - Hugo Alexander Property Group

40/11 Manning Street, SOUTH BRISBANE QLD 4101

Blue-Chip Location with High Foot Traffic and Excellent Street signage

With a secure tenant in place until 2027 and with excellent street visibility and foot traffic, this sought-after retail premises is located in an ideal location just off Melbourne Street, within walking distance to Southbank, West End, and the CBD. With its excellent street-front signage and window display, it is surrounded by high-end businesses and has a significant amount of passing trade visiting famous cafes, bars and restaurants at your doorstep.

The usable retail space measures 64 square meters, and there is also an exclusive car park and a shared lock-up storage room next to the lift. The property also offers four visitor car parks and excellent street parking, making it convenient for customers. The property also has both internal and external access.

For entertainment and relaxation, the property features a BBQ area and undercover outdoor seating, perfect for staff or entertaining clients. Additionally, there is a swimming pool and an outdoor bathroom and changing room that can be used by owners or tenants.

The property is equipped with ducted air conditioning and has three offices, including an 18.6 square meter office that is perfect for any business. The kitchen is spacious enough for a full-size fridge and a sitting area. The internal Bosch security system provides extra peace of mind.

Be quick to inspect this property as ground floor retail shops in such blue-chip locations are rare to market.

Financials:
Leased until 2027 with 2% increases on September 1 each year.
Current Income: $32,640
Next Increase in rent is this September of 2%: $33,298
Rates: $766.65 per quarter ($3,066 per annum)
Body Corporate: $1,780 per quarter ($7,120 per annum)
Utilities: $363.96 ($1,455.84 per annum)
Total expenses per annum: $11,641.84
Net Income: $20,998.16

Location:
South Brisbane Train Station: 650m
Brisbane Exhibition and Convention Centre: 350m
Fish Lane: 170m
Southbank: 700m
QPAC: 600m
GOMA: 750m
Brisbane CBD: 1km
Musgrave Park: 300m
Boundary Street: 350m
West Village: 400m

Google Rating

5.0

Hugo Alexander Property Group

5.0

10:56 05 Aug 19

It is very difficult to find a property manager who actually cares about his rental properties under his management and the wellbeing of his clients. I find many property managers are inexperienced and are just doing their time as a property manager. Cavell Cooper is fantastic and I have followed him to his new agency. I would highly recommend Cavell Cooper as he shows attention to detail, is very thorough and is really good at what he does.

05:27 25 Jul 19

Would highly recommend Cavell Cooper at Hugo Alexander. He offers a dynamic and professional property management service.

06:57 01 Jul 19

Cavell was super easy to deal with and took care of everything, straight away, whilst keeping me constantly in the loop. This meant that I could be completely hands off with my property and know that both my tenant and I were both happy.Thanks Cavell!

01:35 24 Jun 19

Great service and attention to detail... Cavell is friendly, professional and extremely knowledgable. To Cavell and the team, thank you. You have always been very helpful and willing to go the extra step to make sure everything runs smoothly.

Alexandra Wieland

01:55 24 May 19

I've had the pleasure of knowing and working with Cavell Cooper over a number of years and his absolute dedication, energy and attention to detail is unparalleled in the industry.

22:36 21 May 19

Cavell has a genuine passion for Property Management and has such a likeable personality he makes owners and tenants feel heard and valued and gets the job done. He is an asset to the industry!

Harrison Makepeace

05:21 07 May 19

Fantastic experience dealing with Adam and Trent, with a great result in a difficult market. Adam really does go above and beyond. Overall I couldn't be more happy with Hugo Alexander and I recommend them wholeheartedly!

06:26 01 May 19

Adam is by far on of the best sales people I have met, he achieved fantastic results for our property sale and would recommend Adam and his team without hesitation

06:38 02 Apr 19

Adam and Trent have helped us sell 2 of our units in Brisbane in difficult times for the unit market. They are super professional and great to deal with. I would highly recommend the services of Hugo Alexander

Martine Halliwell

02:30 30 Mar 19

I love Adam! A consummate professional with integrity and enthusiasm. Adam is constantly learning, growing and striving to be the best in everything he does especially property which is clearly his passion. Well traveled, intelligent and open minded, his dedication and focus amaze and inspire me. He is a wealth of knowledge and is great at putting you at ease and feeling confident that you are getting the very best service possible. All this and he is so much fun too! Working with Adam and his team is an absolute pleasure and I wouldn’t hesitate in recommending the Hugo Alexander team for anything property!

10:10 17 Feb 19

Adam Nobel is the real deal. He is passionate about the industry and clearly wants the best for his clients. Adam's approach is fair, ethical and based on decades of experience.

09:41 09 Jan 19

I , as a would be vendor some day ,meet Adam some 2 years ago .He did an Appraisal .He provided ideas how to complete the renovations and redecorating that was in progress. Moving on to mid 2018 , I decided to sell my 20 yo Townhouse in Highgate Hill ,Brisbane. There was no hesitation to enlist Adam's help ;aided by his associate Trent.I felt part of a team and confident Adam his team and company would act professionally for all stakeholders.An Auction Marketing plan of just 3 and half weeks brought very sound results .My buyer's and their legal representation were assisted before and post the Sale. We have nothing but respect and joy from the encounter ,then transaction .

04:26 29 Nov 18

We have sold a number of properties over the years and by far Adam and Trent were the best at the business. We always knew that our best interests were paramount and would recommend Adam to anybody interested in selling a property with minimum stress and maximum gain.Thanks Adam and Trent.

09:34 28 Nov 18

Friendly, smart, great to do business with, and great company too. Let Adam look after you. I am so happy that I did. Make this site your first stop. You will not need to search further. You would have arrived.

05:39 28 Nov 18

I own a company who specialises in financing medical practitioners. Where we can we often refer our customers to Adam and his team to help medicos source and get great deals on properties, conversely selling their properties also. Adam is always highly professional and very dedicated ensuring best result and we along with our customers are all very happy the results he is able to continually achieve. I highly recommend Adam and his team

02:16 25 Jul 18

Adam and his team have been a breath of fresh air to deal with. I’ve been blown away by his knowledge and unique processes when it comes to selling houses. It’s nice to know there are agents that genuinely care about their clients and go above and beyond. Adam exemplifies this! I highly recommend Adam Nobel and his team. Do yourself a favor and talk to Hugo Alexander if you want to sell your home for best price. It’s a great experience.

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