 Asset Class: | Retail |
 Price: | $ 384000 |
 Net Yield: | 6.50 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | Off Market |
<p>Presenting a prime investment opportunity at Windsor Portal – an exceptional two-lot commercial package featuring a thriving ground floor café and premium first-floor office space strategically positioned in the heart of Windsor.</p> <p>This rare offering combines Lot 1, a modern 39sqm café currently generating $25,750 pa (net + outgoings + GST) with a secure 5-year lease until November 2028 plus two 3-year options extending to 2034, and Lot 101, a spacious 173sqm premium office tenanted to King Financial returning $65,000 pa (+ GST) with lease expiry in March 2025.</p> <p>Located within the well-established Windsor Portal residential complex which supports 49 residential units, the property enjoys exceptional exposure to passing traffic with more than 65,000 cars daily. The strategic position just metres from Lutwyche City shopping precinct and the Northern Busway Corridor ensures continuous high visibility and accessibility.</p> <p>The modern complex features automated security gating and dedicated visitor car parks, with the office space including two secured undercover car parks permitting PWD and elevator access – ideal for an owner-occupier seeking quality commercial space with excellent inner-city connectivity.</p> <p>With the Brisbane CBD just 3km away, Airport Link Tunnel 400m, Royal Brisbane Women's Hospital 1.5km, and Brisbane Airport 10km from the property, this investment represents a superb opportunity to secure a well-positioned asset with reliable tenants in a growth corridor.</p> <p>The property is available for sale via Public Auction on Wednesday 5 March 2025 at 11am, with serious offers considered prior. This is an outstanding opportunity to acquire a dual-tenanted commercial asset with strong income security in a premium inner-city location.</p>
How old is the asset?
Vendor's reason for selling?
Days property been on market?
Is this property strata titled?
Are the seller and tenant related parties?
How long has the current tenant been on site?
How long has the tenant been in business?
Is this property in a flood zone?
Is this lease a leaseback arrangement?
<p>Windsor is a highly sought-after inner-northern suburb located just 3km from Brisbane's CBD, offering the perfect blend of accessibility and suburban charm. The property at 1 & 101/217 Lutwyche Road enjoys <strong>excellent connectivity</strong> with its strategic position along one of Brisbane's major arterial roads.</p> <p>The location benefits from its proximity to key infrastructure including:</p> <ul> <li>Airport Link Tunnel - 400m</li> <li>Royal Brisbane Women's Hospital - 1.5km</li> <li>Brisbane CBD - 3km</li> <li>Brisbane Airport - 10km</li> </ul> <p>The immediate area features the bustling Lutwyche City shopping precinct just metres away, complemented by the Northern Busway Corridor providing efficient public transport options. With more than <strong>65,000 cars passing daily</strong>, the property enjoys exceptional exposure and visibility.</p> <p>Windsor continues to experience strong growth and development, making it an increasingly desirable location for both commercial and residential investment in Brisbane's inner ring.</p>
Additional Location Information File<p><strong>Royal Café (Lot 1):</strong></p> <p>This thriving café occupies the 39sqm ground floor space and operates as a busy coffee/meal service 7 days a week. The café is well-supported by residents of the Windsor Portal development and surrounding area. Operating with a compact commercial kitchen, the café also offers meals via delivery services including Menu Log, Uber Eats and Deliveroo.</p> <ul> <li>Lease commenced: 09/11/2023</li> <li>Lease expiry: 08/11/2028</li> <li>Options: 2 x 3 years (extending to 2034)</li> <li>Annual reviews: 3%</li> </ul> <p><strong>King Financial (Lot 101):</strong></p> <p>Occupying the premium 173sqm first-floor office space, King Financial provides professional financial services. The tenancy includes 2 dedicated secure undercover car parks with PWD & elevator access.</p> <ul> <li>Lease commenced: 01/10/2019</li> <li>Lease expiry: 31/03/2025</li> <li>Options: 5 years (tenant has elected not to exercise)</li> </ul> <p>The upcoming office vacancy provides potential for owner-occupation or re-leasing to a new tenant.</p>
Initial Term:
Security:
Security Info:
<p>This dual-tenanted investment offers a solid financial foundation with a <strong>combined rental income of $90,750 per annum</strong> plus recoverable outgoings of $6,011, delivering a net income of $81,364 until 31/03/2025.</p> <p>The income is derived from two complementary tenancies:</p> <ul> <li>Lot 1 (Royal Cafe): $25,750 pa net + outgoings + GST with tenant paying 100% of outgoings</li> <li>Lot 101 (King Financial): $65,000 pa + GST with tenant not responsible for outgoings</li> </ul> <p>Outgoings breakdown:</p> <ul> <li>Lot 1: Council rates ($2,834), water & sewerage ($987), body corporate ($2,190) - Total: $6,011 pa</li> <li>Lot 101: Council rates ($3,183), water & sewerage ($1,029), body corporate ($5,174) - Total: $9,386 pa</li> </ul> <p>After 31/03/2025 when the King Financial lease expires, the net income will reduce to $16,576 if the property remains partially tenanted with only the café lease in place, presenting an opportunity for an owner-occupier or securing a new tenant for enhanced returns.</p>
Additional Financial Information FileInitial Term:
Security:
Security Info:
<p class="mb-4">No known special conditions as of this write up</p>
<p class="mb-4">No available rental comparison as of the creation of the write up</p><p class="mb-4">The details maybe available during due diligence.</p>
Offer To Purchase:
$
Initial Deposit:
$
Due Diligence:
days
Finance:
days
Settlement:
days
<ul><li>Dual-tenanted investment with combined net income of $81,364 pa (until 31/03/2025)</li><li>Prime inner-city location with outstanding main road exposure to 65,000+ vehicles daily</li><li>Secure 5-year café lease until November 2028 with 2×3 year options extending to 2034</li><li>Premium office space with existing tenant until March 2025</li><li>Just 3km to Brisbane CBD with excellent connectivity to major transport corridors</li><li>Within 400m of Airport Link Tunnel and Northern Busway</li><li>Modern complex with automated security and dedicated parking facilities</li><li>Ideal for investors or owner-occupiers seeking quality commercial assets</li><li>Two separate strata titles offering flexibility and future options</li><li>Positioned in a high-growth inner-city precinct</li><li>Excellent opportunity to secure commercial property within a successful residential complex</li></ul>
