 Asset Class: | Retail |
 Price: | $ 1025000 |
 Net Yield: | 5.75 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | On Market |
<span style="color:rgba(0, 0, 0, 1);">This property represents a prime ground-floor investment opportunity, perfectly positioned in the heart of the James Street precinct, one of the premier retail high streets of Brisbane.</span><br><br><span style="color:rgb(0, 0, 0);">The property offers unrivalled connectivity to a wealth of lifestyle amenities and high amounts of vehicular/pedestrian foot traffic. Boasting excellent exposure, secure onsite parking and modern architecture, this is an outstanding opportunity for astute investors seeking a premium asset in one of Brisbane’s most sought-after urban locations.</span>
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?
<span style="color:rgba(0, 0, 0, 1);">The property is located on Robertson Street which runs between James Street and Brunswick Street, Fortitude Valley.</span><br><br><span style="color:rgba(0, 0, 0, 1);">Fortitude Valley is a vibrant inner-city suburb of Brisbane just 1km* north of the CBD. Known as the heart of Brisbane’s entertainment precinct, Fortitude Valley is the go-to for a thriving live music scene, plethora of unique retail outlets, boutiques, galleries, and some of the best restaurants, cafes, bars, and hotels in Brisbane. It is also home to the renowned cultural precincts of Brunswick Street Mall, Chinatown, James Street, and Howard Street Wharves.</span><br><br><span style="color:rgb(0, 0, 0);font-weight:normal;">Brisbane</span><span style="color:rgb(0, 0, 0);"> is the capital and largest city of the state of Queensland and the third-most populous city in Australia, with a population over 2.7 million.</span>
Additional Location Information File<p style="background-color:transparent;"><span style="color:rgb(0, 0, 0);background-color:transparent;padding-left:0px;"><b><u>Loco London (Hair Salon)</u></b></span></p><p style="background-color:transparent;"><br></p><p style="background-color:transparent;"><span style="color:rgb(0, 0, 0);background-color:transparent;padding-left:0px;">Loco London isn't just a salon...it's where your hair gets its swagger.</span></p><p style="background-color:transparent;"><span style="color:rgb(0, 0, 0);"> </span></p><p style="background-color:transparent;"><span style="color:rgb(0, 0, 0);background-color:transparent;padding-left:0px;">We're proud to be at the cutting edge: delivering fresh, fearless styles that create head-turning moments, and scream "you”.</span></p><p style="background-color:transparent;"><span style="color:rgb(0, 0, 0);background-color:transparent;padding-left:0px;"></span></p><p style="background-color:transparent;"><span style="color:rgb(0, 0, 0);background-color:transparent;padding-left:0px;">Vibrant creativity and expert technique collide, creating bold looks in a laid-back, no-BS salon vibe.</span></p><p style="background-color:transparent;"><span style="color:rgb(0, 0, 0);background-color:transparent;padding-left:0px;"></span></p><p style="background-color:transparent;"><span style="color:rgb(0, 0, 0);background-color:transparent;padding-left:0px;">You can expect a space that feels like home; a welcome that feels like greeting old friends; service that makes you feel like a star; and did we mention bloody good hair?</span></p><p style="background-color:transparent;"><span style="color:rgb(0, 0, 0);background-color:transparent;padding-left:0px;"></span></p><p style="background-color:transparent;"><span style="color:rgb(0, 0, 0);background-color:transparent;padding-left:0px;">Loco London is where style meets attitude - combining the essence of good ol’ fashion London-town, with an unapologetically modern & edgy approach.</span></p><p style="background-color:transparent;"><br></p><p style="background-color:transparent;"><a style="color:rgb(0, 0, 0);display:inline;background-color:transparent;padding-left:0px;" target="_blank" href="https://www.locolondon.com.au/"><u>https://www.locolondon.com.au/</u></a><span style="color:rgb(0, 0, 0);background-color:transparent;padding-left:0px;"></span></p>
Initial Term:
Security:
3 months rent plus GST
Security Info:
3 months rent plus GST
Please refer to attached file.
Additional Financial Information FileInitial Term:
Security:
3 months rent plus GST
Security Info:
3 months rent plus GST
Subject property: Lot 4/41 Robertson Street, Fortitude Valley - Area: 110sqm - Price: $1,025,000 - Price $/sqm: $9,318/sqm - Net Yield: 5.75% - Rent $/sqm: $536/sqm net p.a. + GST Lot 2 & 3/41 Robertson Street, Fortitude Valley - Area: Lot 2: 116sqm & Lot3: 120sqm- Price: $2,375,000 (July 2024) - Price $/sqm: $10,064/sqm - Net Yield: 5.77% - Rent $/sqm: $581/sqm net p.a. + GST Lot3/9A Doggett Street, Newstead - Area: 115sqm- Price: $1,605,000 (July 2023) - Price $/sqm: $13,957/sqm - Net Yield: 5.00% - Rent $/sqm: $698/sqm net p.a. + GST 113/247 Wickham Street, Fortitude Valley - Area: 158sqm- Price: $1,775,000 (Nov 2022) - Price $/sqm: $11,234/sqm - Net Yield: 6.15% - Rent $/sqm: $691/sqm net p.a. + GST
Offer To Purchase:
$
Initial Deposit:
$
Due Diligence:
days
Finance:
days
Settlement:
days
<ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;margin-inline-start:0cm;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Prime ground-floor retail strata unit investment opportunity</span></p></li><li style="list-style-image:none;margin-inline-start:0cm;color:rgb(36, 36, 36);font-style:inherit;"><p style="display:inline;"><span style="color:rgb(36, 36, 36);font-weight:normal;font-style:inherit;padding-left:0px;">Fully leased to a hairdresser</span></p></li><li style="list-style-image:none;margin-inline-start:0cm;color:rgb(36, 36, 36);font-style:inherit;"><p style="display:inline;"><span style="color:rgb(36, 36, 36);font-weight:normal;font-style:inherit;padding-left:0px;">The tenancy has been occupied by hairdresser tenants for over 10 years</span></p></li><li style="list-style-image:none;margin-inline-start:0cm;color:rgb(36, 36, 36);font-style:inherit;"><p style="display:inline;"><span style="color:rgb(36, 36, 36);font-weight:normal;font-style:inherit;padding-left:0px;">Total Area: 110 sqm* (81sqm* high quality retail + 29sqm* exclusive outdoor area)</span></p></li><li style="list-style-image:none;margin-inline-start:0cm;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">5 year lease to January 2029</span></p></li><li style="list-style-image:none;margin-inline-start:0cm;"><p style="display:inline;"><span style="color:rgb(36, 36, 36);font-weight:normal;font-style:normal;">WALE : 3.9 years as at 1 March 2025</span></p></li><li style="list-style-image:none;margin-inline-start:0cm;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:inherit;padding-left:0px;">Four (4) </span><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">secure underground car parks + </span><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:inherit;padding-left:0px;">Sixteen (16) </span><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">visitor bays </span></p></li><li style="list-style-image:none;margin-inline-start:0cm;"><p style="display:inline;"><span style="color:rgb(36, 36, 36);font-weight:normal;font-style:normal;">Includes polished concrete floors and exposed ceilings</span></p></li><li style="list-style-image:none;margin-inline-start:0cm;"><p style="display:inline;"><span style="color:rgb(36, 36, 36);font-weight:normal;font-style:normal;">High exposure location with signage potential</span></p></li><li style="list-style-image:none;margin-inline-start:0cm;"><p style="display:inline;"><span style="color:rgb(36, 36, 36);font-weight:normal;font-style:normal;">Close proximity to an abundance of coveted lifestyle amenities, transport nodes, and major arterial roads</span></p></li><li style="list-style-image:none;margin-inline-start:0cm;"><p style="display:inline;"><span style="color:rgb(36, 36, 36);font-weight:normal;font-style:normal;">In very close proximity to retail high street: James Street and Brunswick Street</span></p></li><li style="list-style-image:none;margin-inline-start:0cm;color:rgb(36, 36, 36);"><p style="display:inline;"><span style="color:rgb(36, 36, 36);font-weight:normal;font-style:normal;">Within 1km* of the Brisbane CBD</span></p></li><li style="list-style-image:none;margin-inline-start:0cm;color:rgb(36, 36, 36);font-weight:bold;"><p style="display:inline;"><span style="color:rgb(36, 36, 36);font-style:normal;"><b>Estimated Net Income: $58,993 p.a. + GST (after all outgoings including management fees)</b></span></p></li></ul><br><span style="color:rgb(36, 36, 36);"><b>What we like about this property:</b></span><br><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;margin-inline-start:0cm;color:rgb(36, 36, 36);"><p style="display:inline;"><span style="color:rgb(36, 36, 36);font-weight:normal;font-style:normal;">Exceptional location - Brisbane inner city and close to retail high street: James Street, Fortitude Valley</span></p></li><li style="list-style-image:none;margin-inline-start:0cm;color:rgb(36, 36, 36);"><p style="display:inline;"><span style="color:rgb(36, 36, 36);font-weight:normal;font-style:normal;">Long term lease - 5 years</span></p></li><li style="list-style-image:none;margin-inline-start:0cm;color:rgb(36, 36, 36);"><p style="display:inline;"><span style="color:rgb(36, 36, 36);font-weight:normal;font-style:normal;">Ground floor retail strata unit - suitable for numerous tenants including hairdressers, barbershops, bars, cafe, and numerous others.</span></p></li><li style="list-style-image:none;margin-inline-start:0cm;color:rgb(36, 36, 36);font-style:normal;"><p style="display:inline;"><span style="color:rgb(36, 36, 36);font-weight:normal;font-style:normal;">High number of underground car parks (4 exclusive use car spaces plus 16 visitor car bays available for customers) plus street parking.</span></p></li><li style="list-style-image:none;margin-inline-start:0cm;color:rgb(36, 36, 36);"><p style="display:inline;"><span style="color:rgb(36, 36, 36);font-weight:normal;font-style:normal;">Value add potential: add a coffee cart tenant to the exclusive use area (subject to approvals and negotiation)</span></p></li></ul><br><br><span style="color:rgb(36, 36, 36);margin-inline-start:0cm;font-weight:normal;">* Approx.</span><br><br><span style="color:rgb(36, 36, 36);margin-inline-start:0cm;font-weight:normal;">SUBJECT TO FURTHER NEGOTIATION - THE PROPERTY IS ON MARKET AND COMPETITIVE SO WE NEED TO BE QUICK (RETHINK CURRENTLY HAS AN OFFER IN WITH THE SELLER-AWAITING ACCEPTANCE-13/2/25)</span>
