For Sale
$555,000 @ 6% net yield
1/97 Linton Street, Kangaroo Point, QLD 4169
- Offices •
- Retail •
- Medical/Consulting
Last updated: 21st July 2023
Listing ID: 50417
- 97.0m2 Floor area
- 97.0m2 Land area
Modern Retail / Office in central Gabba location (97 m2)
Funky industrial style fit-out with concrete polished floors directly across from the Gabba. The shop is situated below 150 + apartments providing market opportunities. It would be an ideal situation for destination retailing or a professional office. The fit-out is almost complete with only the polished concrete coating left to finish. This is schedule for the 10th September.
Additional owner fit-out can be negotiated and priced into the sale price for this unit.
Rental guarantee for 3 years @ $700/week gross rent providing a 6% net yield. Outgoings are $34.20 m2.
97 m2 Professional Office or Destination Retail consisting of:
- Contemporary interior with glass façade
- Polished Concrete Floors [will be completed 10th September]
- Split or ducted air conditioning [$6,200 allowance included]
- Shared hotel quality serviced facilities
- Large gas supply
- 8000L grease trap
- Disabled access via lift
Please call Merchants Commercial for an immediate inspection.
WalkScore®
This property is very walkable with most errands able to be accomplished on foot. Great for getting chores done over lunchtime. Seek out the lunch and coffee options close by. There is excellent transit available from here where public transportation is convenient for most trips.
- 90-100
- Walker's Paradise
- Daily errands do not require a car
- 70-89
- Very Walkable
- Most errands can be accomplished on foot
- 50-69
- Somewhat Walkable
- Some errands can be accomplished on foot
- 25-49
- Car Dependent
- Most errands require a car
- 0-24
- Car Dependent
- Almost all errands require a car
- 90-100
- Rider's Paradise
- World-class public transportation
- 70-89
- Excellent Transit
- Transit is convenient for most trips
- 50-69
- Good Transit
- Many nearby public transportation options
- 25-49
- Some Transit
- A few nearby public transportation options
- 0-24
- Minimal Transit
- It is possible to get on a bus