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SOLD - Brisbane CBD - Affordable CBD Liquor Store Investment - Renewed 12 Year Lease

Shop 1, 10 Market Street Brisbane City QLD 4000

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Key Property Highlights

Land Area 90 sqm
Listing Status Sold

Cushman & Wakefield’s National Investment Sales team is pleased to present to the market Shop 1, 10 Market Street, Brisbane for Sale via Offers to Purchase.

The property has the following key characteristics:

  • Renewed 12 year lease to 2032 + option to 2037
  • Malt Traders - Longstanding, boutique, multi-site liquor store and bar operator with proven track record
  • Strongly patronised store with the tenant in occupation 8+ years
  • Well appointed liquor outlet and bar with direct exposure to Dexus’ $2.1 Billion* Waterfront Precinct Development
  • Diversified and unique offering used as the distribution centre for tenant’s booming online sales business
  • Coveted liquor asset class, recession and pandemic proof sector with sales up 26.7% nationally in 2020
  • Strategic Brisbane CBD ‘Golden Triangle’ location within the professional services hub and in close proximity to the city’s premier office buildings and entertainment precinct
  • Brisbane City - Thriving metropolis & QLD’s economic engine with $14.2 Billion investment and development pipeline
  • Lease secured by Bank Guarantee and Director’s Personal Guarantee
  • Fixed 3% annual rent increases
  • Net Income $93,375 pa + GST

For more information please contact the exclusive property professionals at Cushman & Wakefield.

SOLD - Brisbane CBD - Affordable CBD Liquor Store Investment - Renewed 12 Year LeaseShop 1, 10 Market StreetBrisbane City, QLD 4000
Shop 1, 10 Market Street Brisbane City QLD 4000