113 Commercial Road, Newstead, QLD 4006

Retail | Medical

For Sale

Expressions Of Interest

  • Property ID: 447874
  • Floor Area: 371m²
  • Occupancy: Tenanted
GREAT BUYING - HIGH YIELDING MEDICAL/ RETAIL ASSET!

Elders Commercial Brisbane are pleased to present to the market for sale this incredible investment opportunity at 113 Commercial Road, Newstead.

Key features of the property include:

- 371m² fully leased asset - returning $192,400 per annum net + outgoings + GST
- Leased to a café, botox studio, bakery, chiropractor, and barbershop
- Risk-diverse with staggered lease expiries
- Value-add potential with rental uplift
- Strong tenant profile with long trade history
- Onsite parking included
- Positioned directly next to Newstead's Woolworths Metro

This blue-chip tenanted investment is not to be missed. FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING 5PM 25TH SEPTEMBER 2024, IF NOT SOLD PRIOR!

For more information or to arrange a private inspection, don't hesitate to contact your exclusive Elders Commercial agents today!

Newstead Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $5391 $435 8.07%
Industrial --- $234 ---
Offices --- $470 ---
This is the average advertised price, rent and yield for Newstead, QLD 4006*
Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in QLD for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
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Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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