Situated in the heart of the retail strip of Stones Corner, is this high profile free standing building, of approx 275 sq metres of ground floor space, and a 65 sq metre mezzanine.
The allotment is 551 sq metres, with an appoximate 22 metre frontage. There is side access to rear parking and storage.
Prevuously occupied by Australia Post, the building is presently divided into 2 tenancies.
Tenancy 1. 155 sq metres + 65 sq metres mezzanine, rent $51,500 per annum, + outgoings. The lease is to 01/06/2010 and dose not contain options
Tenancy 2. 120 sq metres, rent $38,000 per annum + % of increase in outgoings over 1st year. The lease is to 04/12/2011 and contains one 3 year option.
This gives interested parties the option of occuping a portion of the building, and enjoying income from the longer term tenant, with the additional option of growing into that space at a later time.
The recently released Draft Eastern Corridor Neighbourhood Plan, by the Brisbane City Council, gives an insight into the future direction of the Stones Corner Precinct.
With appraisals in the $1.5m to $1.9M range, the owner has requested that we secure expressions of interest within this range for consideration.