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Grill'd Bulimba, 124 Oxford Street, Bulimba, QLD, 4171

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Grill'd Bulimba, 124 Oxford Street, Bulimba, QLD, 4171

Grill'd Bulimba, 124 Oxford Street, Bulimba, QLD, 4171

Properties / Buy / Queensland / Bulimba
Tenanted Investment

1. Property Summary

Selling Method
Auction
Selling Details
Auction 18 July 2024 9:45am
Land Area
339 m² (*approx)
Floor Area
195 m² (*approx)
Property Type
Retail, Child/Healthcare, Land
Terms
10 Year head-office lease to Grill'd
Est. Income
$227,968 p/a
Fully Leased
Grill'd
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2. Property Highlights

Trophy Brisbane Fast Food Investment

RWC Retail are proud to present Grill'd Bulimba, 124 Oxford St, Bulimba QLD for sale by Auction. On offer is a freestanding trophy retail investment leased to one of Australia's largest fast food operators for over 17 years, in one of Brisbane's most affluent suburbs

|What|

• A freestanding single tenanted fast food investment leased to Australian fast food giant Grill'd (170+ stores nationwide)

• 10 Year head-office lease to Grill'd, with the tenant responsible for all usual outgoings (excl. Land Tax)

• Anchored by Grill'd since 2007 (17 years)

• High profile building with 195sqm* of under roof area with both front and rear customer access

• Net Income of $227,968* + GST p.a.

|Where|

• Irreplaceable 339sqm* land parcel in the heart of the prized suburb of Bulimba, just 2.5km* from the Brisbane CBD

• Highly desired positioning on Oxford Street, one of Brisbane's most tightly held retail precincts

• Flanked by significant traffic generating amenity including a Woolworths Supermarket, Cinemas, Schools and one of the largest sporting clubs in Queensland

• Bulimba is one of Brisbane's most affluent suburbs, with a median house price of $1.87 million^ and median per capita income 57%^^ greater than the Australian benchmark

• Imminent population growth underpinned by the development of the Bulimba Barracks - delivering 850+ new dwellings for over 2,000 new residents

|Why|

• Set & forget investment with a net lease and longstanding national tenant who is responsible for day to day maintenance of the property

• Inflation resilient CPI + 1% annual rent increases

• Grill'd is a proven national operator, having successfully cornered the upmarket burger chain market that is ideally suited to Bulimba's demographics

• Bulimba is one of Grill'd's best performing Queensland stores, leading to them doubling the size of the store in 2017 & leasing the entire property

• First time offered to market in over 30 years

The Auction will be conducted at Level 26,111 Eagle Street, Brisbane City, on Thursday 18 July 2024 at 9:45 am (AEST).

*Approximate

^realestate.com.au

^^IQCensus

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment

1. Property Summary

Property Type
Retail, Child/Healthcare, Land
Est. Income
$227,968 p/a
Tenant
Grill'd
Terms
10 Year head-office lease to Grill'd
Land Area
339 m² (*approx)
Floor Area
195 m² (*approx)
Selling Method
Auction
DOCUMENTS AVAILABLE
Gain Access
Auction Date
18 Jul 2024 09:45AM
Selling Details
Auction 18 July 2024 9:45am

2. Property Highlights

Trophy Brisbane Fast Food Investment

RWC Retail are proud to present Grill'd Bulimba, 124 Oxford St, Bulimba QLD for sale by Auction. On offer is a freestanding trophy retail investment leased to one of Australia's largest fast food operators for over 17 years, in one of Brisbane's most affluent suburbs

|What|

• A freestanding single tenanted fast food investment leased to Australian fast food giant Grill'd (170+ stores nationwide)

• 10 Year head-office lease to Grill'd, with the tenant responsible for all usual outgoings (excl. Land Tax)

• Anchored by Grill'd since 2007 (17 years)

• High profile building with 195sqm* of under roof area with both front and rear customer access

• Net Income of $227,968* + GST p.a.

|Where|

• Irreplaceable 339sqm* land parcel in the heart of the prized suburb of Bulimba, just 2.5km* from the Brisbane CBD

• Highly desired positioning on Oxford Street, one of Brisbane's most tightly held retail precincts

• Flanked by significant traffic generating amenity including a Woolworths Supermarket, Cinemas, Schools and one of the largest sporting clubs in Queensland

• Bulimba is one of Brisbane's most affluent suburbs, with a median house price of $1.87 million^ and median per capita income 57%^^ greater than the Australian benchmark

• Imminent population growth underpinned by the development of the Bulimba Barracks - delivering 850+ new dwellings for over 2,000 new residents

|Why|

• Set & forget investment with a net lease and longstanding national tenant who is responsible for day to day maintenance of the property

• Inflation resilient CPI + 1% annual rent increases

• Grill'd is a proven national operator, having successfully cornered the upmarket burger chain market that is ideally suited to Bulimba's demographics

• Bulimba is one of Grill'd's best performing Queensland stores, leading to them doubling the size of the store in 2017 & leasing the entire property

• First time offered to market in over 30 years

The Auction will be conducted at Level 26,111 Eagle Street, Brisbane City, on Thursday 18 July 2024 at 9:45 am (AEST).

*Approximate

^realestate.com.au

^^IQCensus

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment

4. Property Location

Grill'd Bulimba, 124 Oxford Street, Bulimba, QLD, 4171

Property Map
Grill'd Bulimba, 124 Oxford Street, Bulimba, QLD, 4171 Bulimba
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