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477 Boundary Street Spring Hill, QLD 4000

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477 Boundary Street,
Spring Hill, QLD 4000

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RETAIL INVESTMENT FRONTING INNER-CITY 5 STAR HOTEL

  • Underpinned by the popular 'The Johnson'
  • High exposure to Boundary Street
  • $20,000* Net Income & 4% fixed increases
CBRE is proud to present the rare opportunity to acquire an inner-city retail investment in Spring Hill. Encore Tea is a stand-alone tenancy part of The Johnson Hotel, a well-known hotel and apartment complex in Spring Hill. This visually striking development, completed in 2016, offers a modern 13 square metre retail shop located directly in front of the 16-storey building with 96 hotel rooms and 250 luxury apartments, fronting the bustling Boundary Street.

• STRATEGIC POSITIONING: Prime central location in the heart of a rapidly developing precinct within a few minutes of the Brisbane CBD and an immediate surrounding area currently undergoing major investment and population growth

• AFFLUENT TRADE AREA: Strategically positioned in a bustling trade area with hundreds of residents and visitors located directly above, complimentary retailers including the adjacent Tumbling Stone restaurant and proximity to a range of amenity along Boundary Street, Central Station and the Roma Street Parklands

• SET & FORGET WITH GUARANTEED INCOME: The investment provides a solid 3-year lease with a subsequent 3-year option, while favourable 4% annual increases provide certain income growth on the affordable $20,000 net income

• SUPERCHARGE YOUR SMSF: This investment opportunity is perfect for SMSF investors seeking a secure annuity style income stream at an excellent price point

• BRAND NEW IMPROVEMENTS: Recently constructed improvements providing tax saving depreciation benefits



FOR SALE BY EXPRESSIONS OF INTEREST CLOSING THURSDAY 29th NOVEMBER 2018 AT 4.00PM (AEST)

Property ID: 503008330Last Updated: 9 Feb 2024

07 3833 98...
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477 Boundary Street
Spring Hill, QLD 4000
CBRE - Brisbane
Waterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
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