45-47 Caxton Street
Petrie Terrace, QLD 4000

Overview

Prime Caxton Street Investment - Multi-Tenancy Asset in Brisbane's Entertainment Precinct

Located in the vibrant heart of Caxton Street, Petrie Terrace, this outstanding freehold commercial property presents a unique opportunity to acquire a high-visibility asset within one of Brisbane's most sought-after hospitality precincts. The property spans two land titles, offering substantial exposure and strategic positioning just minutes from Brisbane's central business district and close to the popular lifestyle area of Paddington, known for its village atmosphere and amenities.

This multi-tenancy asset currently generates income from four distinct streams, including a burger bar, an established convenience store, a residential apartment on the first floor, and functional office space. Additionally, there is vacant space available, providing potential for further tenancy and income diversification. The property benefits from a diversified tenant mix, ensuring steady holding income and a strong presence on a high-profile street frontage within a blue-chip precinct near the CBD.

The location offers exceptional growth prospects, surrounded by significant hospitality developments such as the NRL-supported Caxton Street Hotel redevelopment and the upgrade of The Beetson Hotel. New venues like Cameron Munster's "The Milton" contribute to the precinct's evolution into a premier entertainment destination. With immediate access to the CBD and the neighboring suburb of Paddington, this property combines strong current returns with excellent long-term capital growth potential.

This asset is ideal for investors seeking a prime commercial opportunity in a thriving entertainment and hospitality hub, offering both immediate income and future expansion possibilities.

Disclaimer: This property is being sold by auction or without a price guide, and therefore no specific price can be provided. The price bracket shown on the website is for functionality purposes only.

Location