4/97 Linton Street, Kangaroo Point, QLD 4169

Retail / Beauty / Professional Office (119 m2)

Positioned on the border of Kangaroo Point and Woolloongabba this retail shop/professional office is conveniently located directly across from the Gabba. The shop is situated below 150 + apartments providing market opportunities for a variety of retail tenancies. It would be an ideal situation for cafe/restaurant, destination retail, professional offices, allied health, pilates or personal trainer.

The Final Fit-Out is under way!

Guaranteed gross rent for 3 years @ $1,150/week rent providing a 6% net yield. Outgoings $34.20 m2.

119 m2 Retail / Professional Office:
- Contemporary interior with glass façade
- Polished concrete, wood laminate, or carpeted floors
- Split or ducted air conditioning
- 4 metre ceiling (average estimate)
- Shared hotel quality serviced facilities
- Large gas supply
- 8000L grease trap
- Hot and cold water
- Disabled access via lift

Shop 4 Tenancy optional division: Whole - 119 m2 or easily split into two shops of 59 m2 each (TBD)

Included Fit-Out: There is an allowance for each tenancy which includes polished concrete/wood laminate/carpeted floors, painting, air-conditioning, and electrical. The fit-out is generous and most tenants can move into the space comfortably and have very little left to do. Tenants who commit prior to completion can allocate the fit-out allowance directly to suit.

6% Guaranteed Net Yield for 3 years - A head lease is available for each tenancy with a guarantee on the advertised lease value. The owner will pay for the initial lease commission and advertising costs. If a buyer occupies the tenancy prior to a lease the costs can be deducted from the purchase price.

Please call Merchants Commercial for an immediate inspection.