163-169 Latrobe Terrace Paddington QLD 4064

On behalf of the Vendor, Cushman & Wakefield are pleased to exclusively present to the market, 163-169 Latrobe Terrace, Paddington for sale via Expressions of Interest closing 30 October 2024 at 4pm AEST.

Sitting prominently in an elevated and flood free location on the corner of Latrobe Terrace and Collingwood Street, 163-169 Latrobe Terrace, Paddington is known Brisbane-wide as the Paddington Antique Centre. The property presents incoming purchasers with the opportunity of acquiring a fully-leased investment on a large, inner-city parcel with the capacity for strong future rental growth. The property also benefits from high street exposure and the quality-built improvements that will underpin future tenant appetite. Given these factors and its location within the affluent suburb of Paddington, 163-169 Latrobe Terrace reflects a rare opportunity to acquire a fully leased retail/commercial asset of significance, steeped in a rich history.

The property benefits from the following headline features:

- Generous land parcel offering 1,796sqm* across 4 lots with an extensive 53.5m* primary frontage to Latrobe Terrace.
- Improved by a 1,353sqm* retail building with 9 separate tenancies.
- Anchored by Empire Revival (Paddington Antiques), the asset is 100% occupied and has a WALE of 3.6 years, generating an estimated net annual income of $491,139*
- Diverse mix of retail tenants
- Contemporary, charming and quality fit-out with an easily configured set of tenancies
- 2.5km* from the Brisbane CBD.

For further information, please contact the exclusive agents from Cushman & Wakefield.

*Approximate