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McGees Property - Brisbane

2/97 Creek Street Brisbane City, QLD 4000

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2/97 Creek Street,
Brisbane City, QLD 4000

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Strong Tenant Profile @ 5.42% Yield*

McGees Property Brisbane is pleased to exclusively present a rare opportunity to acquire a premium, Brisbane CBD Golden Triangle retail asset, Anchored by an industry-leading beauty, health, and therapy tenant Brazilian Beauty. Brazilian Beauty has traded at 97 Creek Street since 2007 & rarely offered to the market this coveted retail asset will present an opportunity to secure an irreplaceable, secure investment with guaranteed rental growth.

o 7 year lease to 2024 + option to 2027
o $79,989 (after abatement) PA + outgoings + GST as of 01.11.2021
o Brazilian Beauty – 9 Clinics across Queensland and 1 Adelaide Clinic
o 82² Ground floor Retail Space facing Creek Street
o Strong Commuter foot traffic generated from Brisbane Central Station
o Irreplaceable 'Golden Triangle' location between Adelaide & Queen Streets
o Lease is secured by a transferable bank guarantee
o Scarce Product Type and Historically Low Vacancy
o Fixed 3% Annual Increases

For further information please contact the exclusive McGees Property agents.

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Property ID: 503927522Last Updated: 6 Mar 2022

McGees Property - Brisbane

Level 5, 410 Queen Street
BRISBANE CITY, QLD 4000
McGees Property - Brisbane
2/97 Creek Street
Brisbane City, QLD 4000
McGees Property - Brisbane
Level 5, 410 Queen Street
BRISBANE CITY, QLD 4000

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