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39/11 Manning Street, SOUTH BRISBANE QLD 4101

Ideal Location with High Foot Traffic and Excellent Visibility for your business

Move in this July or negotiate terms with the existing tenant that suits you both. The long-term national tenant has occupied this sought-after premises for ten years and wishes to extend for another two years (letter of intent provided upon request). The current lease expires on June 30 this year and has been left as is for the possibility of an owner occupier to be able to set up their own business and take advantage of the excellent visibility and location for their business.

This retail property 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 foot traffic.

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 is disability compliant and 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 floating ceiling tiles can be removed to create even more ceiling height, approximately 50cm, and there is an internal security roller door for added security.

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 as this property is priced to sell.

Rental Income: $3,153 inclusive of GST per month
Rates: $766.65 per quarter (paid by tenant)
Utilities and Water: $367.36 last quarter (paid by tenant)
Body corporate fees: $1,797.02 per quarter

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

Sold $550,000


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