Grill'd Bulimba, 124 Oxford Street,
Bulimba, QLD 4171
Shops & Retail • Medical & Consulting • Development Sites & Land
Price information
Sale - Auction Wed 17 Jul
Auction 18 July 2024 9:45am
Key property information
Land area
Floor area
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$227,968
Number of Tenants
1 Tenant
Tenants / Type
Grill'd
Auction
Private inspections
to arrange a private inspection.
RWC Retail
level 26/111 Eagle StreetBRISBANE CITY, QLD 4000
Grill'd Bulimba, 124 Oxford Street
Bulimba, QLD 4171
Map of Grill'd Bulimba, 124 Oxford Street
Train stations within 5 km of Grill'd Bulimba, 124 Oxford Street, Bulimba, QLD 4171 Distance Abbotsford Rd at Bowen Hills 2 km Bowen Hills Station 2.1 km Ascot Station 2.4 km Morningside Station 2.5 km Fortitude Valley Station 2.5 km POWERED BY HERE ©Bus stops within 5 km of Grill'd Bulimba, 124 Oxford Street, Bulimba, QLD 4171 Distance Smallman St at Wambool Street 159 m Smallman St at Eton Street 307 m Brisbane St Near Bulimba St 388 m Henderson St at Bulimba Street 483 m Brisbane St at Coutts Street 510 m POWERED BY HERE ©
POWERED BY HERE ©
Trophy Brisbane Fast Food Investment
RWC Retail are proud to present Grill'd Bulimba, 124 Oxford St, Bulimba QLD for sale by Auction. On offer is a freestanding trophy retail investment leased to one of Australia's largest fast food operators for over 17 years, in one of Brisbane's most affluent suburbs
|What|
• A freestanding single tenanted fast food investment leased to Australian fast food giant Grill'd (170+ stores nationwide)
• 10 Year head-office lease to Grill'd, with the tenant responsible for all usual outgoings (excl. Land Tax)
• Anchored by Grill'd since 2007 (17 years)
• High profile building with 195sqm* of under roof area with both front and rear customer access
• Net Income of $227,968* + GST p.a.
|Where|
• Irreplaceable 339sqm* land parcel in the heart of the prized suburb of Bulimba, just 2.5km* from the Brisbane CBD
• Highly desired positioning on Oxford Street, one of Brisbane's most tightly held retail precincts
• Flanked by significant traffic generating amenity including a Woolworths Supermarket, Cinemas, Schools and one of the largest sporting clubs in Queensland
• Bulimba is one of Brisbane's most affluent suburbs, with a median house price of $1.87 million^ and median per capita income 57%^^ greater than the Australian benchmark
• Imminent population growth underpinned by the development of the Bulimba Barracks - delivering 850+ new dwellings for over 2,000 new residents
|Why|
• Set & forget investment with a net lease and longstanding national tenant who is responsible for day to day maintenance of the property
• Inflation resilient CPI + 1% annual rent increases
• Grill'd is a proven national operator, having successfully cornered the upmarket burger chain market that is ideally suited to Bulimba's demographics
• Bulimba is one of Grill'd's best performing Queensland stores, leading to them doubling the size of the store in 2017 & leasing the entire property
• First time offered to market in over 30 years
The Auction will be conducted at Level 26,111 Eagle Street, Brisbane City, on Thursday 18 July 2024 at 9:45 am (AEST).
*Approximate
^realestate.com.au
^^IQCensus
|What|
• A freestanding single tenanted fast food investment leased to Australian fast food giant Grill'd (170+ stores nationwide)
• 10 Year head-office lease to Grill'd, with the tenant responsible for all usual outgoings (excl. Land Tax)
• Anchored by Grill'd since 2007 (17 years)
• High profile building with 195sqm* of under roof area with both front and rear customer access
• Net Income of $227,968* + GST p.a.
|Where|
• Irreplaceable 339sqm* land parcel in the heart of the prized suburb of Bulimba, just 2.5km* from the Brisbane CBD
• Highly desired positioning on Oxford Street, one of Brisbane's most tightly held retail precincts
• Flanked by significant traffic generating amenity including a Woolworths Supermarket, Cinemas, Schools and one of the largest sporting clubs in Queensland
• Bulimba is one of Brisbane's most affluent suburbs, with a median house price of $1.87 million^ and median per capita income 57%^^ greater than the Australian benchmark
• Imminent population growth underpinned by the development of the Bulimba Barracks - delivering 850+ new dwellings for over 2,000 new residents
|Why|
• Set & forget investment with a net lease and longstanding national tenant who is responsible for day to day maintenance of the property
• Inflation resilient CPI + 1% annual rent increases
• Grill'd is a proven national operator, having successfully cornered the upmarket burger chain market that is ideally suited to Bulimba's demographics
• Bulimba is one of Grill'd's best performing Queensland stores, leading to them doubling the size of the store in 2017 & leasing the entire property
• First time offered to market in over 30 years
The Auction will be conducted at Level 26,111 Eagle Street, Brisbane City, on Thursday 18 July 2024 at 9:45 am (AEST).
*Approximate
^realestate.com.au
^^IQCensus
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Additional information
External websites
Property ID: 504622252Last Updated: 26 Jun 2024
RWC Retaillevel 26/111 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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