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New Lease to Australian Top 20 Retailer - Emporium Fortitude Valley (Brisbane)Property ID 1326982- 633sqm* strata retail leased to Chemist Warehouse (Australian Top 20 Retailer) - turn over in excess of $2 billion with over 325 stores across Australia
- New 4 + 5 year lease from 1/02/2015
- 340sqm* strata retail leased to Ginga Sushi Bar & Dining - prominent Brisbane operator with several establishments across the city
- 15 + 5 year lease from 1/10/2009 (expiry 2024 + 5 year option)
- Combined 973sqm*
- Chemist Warehouse paying $283,302.52 per annum net
- Ginga Sushi Bar & Dining paying $328,119.35 per annum net
- Combined net rental of $611,421.87 per annum net
- For sale in one line or individually
- Prominent retail, residential and hotel precinct in the burgeoning Fortitude Valley
**This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Key Information Tenancy Status Currently Tenanted Annual Yield (Gross) N/A (Marketed Without Price) Annual Yield (Nett) N/A (Marketed Without Price) Title Scheme Strata Title
The above figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply.
* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.