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Property ID: 18644975

Spring Hill

  • Garage1

Map Information

  • Garage1

Price $1.4M

Quality Spring Hill Restaurant Investment

Positioned on Upper Edward Street This investment offers a great opportunity to secure a ground floor freehold (volumetric title) with a long lease in place.

* Total area of 231m2
* Leased to experienced tenant
* 5 year lease in place with 5 year option
* Currently returning $115,000 per annum plus GST
* 3 month bank guarantee
* 1 car park
* Wide double frontage to Upper Edward Street
* Popular restaurant licensed for up to 120 patrons

Spring Hill is located just metres to the city centre and neighbours Fortitude Valley, the precinct is home to hospitals and schools, and a strong business community. The Brisbane City Councils draft neighbourhood plan for the area aims to encourage the revitalisation of the precincts commercial, retail and dining amenity, whilst preserving its unique heritage characteristics.

Please call Geoff Esdale for further information and to schedule your inspection.

Property Features
Property ID 18644975
Garage 1
Building Size 231 Square Mtr approx.
Remote Garage Yes

Contact Agent

Geoff Esdale

Mobile: 0408 787 082

Office: 07 3181 8888

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