South Bank: Brisbane’s Premier Entertainment and Cultural Precinct – Rare Retail Investment Opportunity!

5 year lease to 20th July 2020 + options to 2025.
Annual CPI + 1% reviews.
6 month bank guarantee in place.
Established cafe/restaurant business in operation 8 years.
127 sqm retail area plus al fresco dining.
Positioned in the heart of Grey Street retail and dining precinct between Mantra Hotel and South Bank (IMAX) Cinemas.
South Bank is Brisbane’s premier public space, tourist destination and recreational, entertainment and business precinct. The 42 hectare site encompasses Queensland’s quintessential qualities: climate, landscape, character, diversity and lifestyle, and is continually evolving to create innovative and world class experiences for the 10 million people who visit each year.
Tenant pays 100% of outgoings as per lease.
Net Income: $136,707 pa + GST.