The vibrant city of Brisbane has been identified as a high performing region for commercial property during the COVID-19 pandemic. Queensland has been witnessing increasing vacancy rates in the state. However, the situation is not so grim in the capital city where the demand for offices and other commercial spaces has not ceased. The past three months have recorded sales to the tune of $20.5 million. The figures are not too disappointing since the whole world is struggling with the economic impact of the coronavirus.
The shutdown and social distancing norms have taken a toll on the industry. Still, commercial real estate in Brisbane is going strong with increasing enquiries pouring in for several fringe properties. The resilient market has been witnessing rising demand for premium and mid-segment constructions for both lease and sale. Let us take a look at the most-viewed commercial properties in Brisbane in August 2020.
1. Two-Level Office Property In Murarrie
Most businesses need an attractive office space to make an impression on their clients and hire the best talent. The appeal and comfort offered by the building is the utmost priority of entrepreneurs. Balancing both with finesse is this classy and modern office building located on the busy Creek Road in Murarrie. The 471Sq m edifice has a glass facade and offers carpeted and air-conditioned commercial space, which enjoys high visibility.
It offers state-of-the-art facilities, such as a functional layout, ample natural light, fibre optic internet connection and data cabling. The stunning property comprises four separated offices, an executive boardroom and a massive room created especially for training sessions. Other amenities include an open plan area, cafeteria and bathrooms.
It has designated private car parking and more street parking options. The easily accessible area is in the proximity of Gateway Motorway and offers a comfortable drive to the CBD and the airport. For more information, please click on the link below.
2. Retail Store In Shopping Precinct at Bellmere
A retail shop within a local shopping centre is the most lucrative investment that brings high returns. The 728Sq m of lettable area promises an annual return of over $135,000. The precinct has a corner position with access from both streets. It has a variety of other prominent retail tenants that bring massive foot-traffic to the premises.
From bottle shop and bakery to butcher shop and grocer, it has all the essential stores that are frequently visited by the locals. It is positioned opposite to a retirement village in the fast-growing region of Bellmere. If you are interested in this opportunity, then click on the link below to get all the details.
3. Showroom With High Exposure in Strathpine
The strategically located and spacious showroom is present in the bustling region of Strathpine CBD. Positioned on Gympie Road, it receives higher exposure and has ample space for signage and parking of vehicles. The air-conditioned property comprises 1049Sq m of showroom space and 169Sq m of warehouse area.
The warehouse has a separate rear roller door entrance, and the building can be easily accessed from both the streets. It is fully equipped with all the modern amenities and lies in the proximity of the Strathpine Train Station. If you need to display bulky goods in a well-appointed showroom, then this is your best bet to grab all the customer attention. To know more about the opportunity, click on the link given below.
4. Hotel/Leisure Space For Lease in Fortitude Valley
Leisure and entertainment spaces are in high demand in bustling spaces like Fortitude Valley, which is popular for its bars, live music, lounges, brunch cafes and dance clubs. The high energy levels of the suburb along with its bohemian vibe make it the perfect place to own a hotel/leisure zone.
The exceptional property for lease is located at the Emporium on the ever-busy Ann Street. Its high visibility and the happening culture of the street make it ideal for travellers and leisure seekers who want to enjoy and rest in comfortable accommodation. If you want to know more about this fantastic opportunity, then click on the link below.
5. Modern Freestanding Industrial Property In Mansfield
Industrial properties are becoming highly popular in Brisbane since more and more businesses are switching to online selling. Consumers are relying on online shopping to stay safe from the contagion and buy products from the comfort of their homes. Thus it is the right time to invest in commercial property and reap long-term benefits.
So here is an outstanding industrial warehouse located in Mansfield that is suitable for all types of businesses. The structure includes 1745Sq m of fenced and gated space that is fitted with 136 solar panels and generates an average income of $130710 annually.
It has two units which are currently leased to Great Circle Marine and Amplify Electrical. If you are interested in this investment opportunity, then take a look at the link given below.
6. Medical Centre For Lease In Stones Corner
Healthcare and social assistance was the largest industry in the country, according to the 2016 Census of Population and Housing. Brisbane and its suburbs are perfect for medical practitioners to gain from the rising ageing population in the region. The high population density in the suburbs keeps the medical professionals busy throughout the day.
This is a brilliant medical centre property for lease in Stones Corner, which is suitable for medical, allied, and health services. The high exposure structure has grand signage opportunity on the main road and covers 2860Sq m of space over two levels.
It is Class 9b certified and can be tailored according to the requirements of the tenant. It is located close to cafes and shops and can be easily accessed from the road. To find more details about the property, click on the link given below.
7. Multipurpose Commercial Space For Lease In Morningside
The property can be customised for any commercial purpose ranging from corporate office and showroom to an industrial warehouse. The two-level property in Morningside is fully fitted out and consists of office cubicles, two meeting rooms, an open area and a reception. The 160Sq m warehouse has a clearance of 3.5m, which can be utilised as parking or extra office space.
The onsite facilities include a kitchenette, bathrooms and 16 car parking spaces in the basement and more in an open area. It is positioned close to all the busy areas like the port of Brisbane, Gateway Motorway, CBD, Bulimba’s Dining precinct, airport, etc. To know more about this superlative opportunity, please click on the link given below.
If you are looking for commercial real estate in Brisbane, then you must take a look at the most-viewed properties in the city right now. From office, retail, industrial and leisure to medical and multi-purpose, you can find every type that suits your budget.
Sophie Barrett is an experienced real estate marketing professional with a specialisation in commercial property market. She has a Masters degree in marketing from the esteemed Melbourne Business School and has several property management certificates to her credit. Her shrewd marketing policies and business acumen have led to the most rewarding property deals in the major capital cities of Melbourne, Sydney and Perth. She is a popular name in the real estate market and has been serving the industry for almost two decades now. CommercialProperty2Sell is proud to partner with her for some astute discussions and advice on the booming sector.
The worst fears of people came true when the COVID-19 pandemic hit the country last year. However, the commercial property market ..Read More
Nestled along the serene Swan River, the captivating city of Perth offers the perfect match of scenic beaches and delightful comme..Read More
The vivacious city of Sydney needs no introduction. Besides being the most popular and populated city in Australia, it is ranked a..Read More
Offering the perfect sunny glow to locals, Brisbane is a popular tourist destination which has one of the largest GDPs in the coun..Read More
Creating a financial crisis across the world, the pandemic has not been kind to the commercial sector in particular. It has wreake..Read More
Constantly growing rental yield is one of the reasons why most people invest in commercial real estate. Thus, finding the right te..Read More
Buying your first office space is more straightforward than renting it. The process can be tiring and confusing,and signing the ma..Read More
It has been a long wait for Melbournians, but the news of easing of the COVID-19 restrictions has come as a respite for one and al..Read More
Investing in commercial property is a long-term undertaking which requires a deep understanding of the location, developer, and th..Read More
The thickly populated and highly commercialised city of Sydney is one of the most sought-after regions for commercial investments...Read More