A rare opportunity has become available to secure a beautifully fitted-out licensed restaurant in the heart of Newstead, one of Brisbane's most sought-after dining precincts.
The current brand will not be continuing, meaning this is a pure fit-out, assets, and lease sale ready for you to make it your own. Opportunities like this are near impossible to find in this tightly held precinct, where vacancies simply do not exist.
Surrounded by some of Brisbane's best dining operators, from multi-award-winning restaurants to powerhouse multinational brands, this location offers high exposure and foot traffic. The precinct is supported by ample parking, a strong commercial office crowd, and sits directly beneath and opposite high-rise towers home to thousands of affluent professionals and residents.
If you're an established operator wanting to expand into one of Brisbane's hottest suburb, then act quickly as this opportunity will not last.
In todays market it is sometimes easier, quicker and cheaper to refurbish a fit out than have to build it from scratch, so many great operators have now realised this and are acting quickly.
Lease Info
$175,000 Net rent per Year, with 3% increases and 6 months Bank Guarantee - Expiry 31/12/2027 with 1 x 5 year option
Size of Premises
Approx. 158 square metres internal and 100 sqm in licensed out door seating. Full commercial kitchen, cool room and ample parking
Opportunity
To convert an existing fit out and make it your own, in a highly sort after suburb and dining precinct.
This is a fast growing affluent suburb, with hundreds of new apartments being built.
**Weekly**
Rent $3,365
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