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161-163 Elizabeth St 3,444 SF of Retail Space Available in Brisbane City, QLD 4000
Highlights
- Prominent CBD location on Elizabeth Street with heavy pedestrian exposure.
- Two-floor configuration with signage opportunities in Brisbane’s retail precinct.
- Surrounded by a mix of retail, hospitality, and entertainment amenities.
- Situated near Queen Street Mall, retail arcades, and major office towers.
- Excellent public transport connectivity including nearby bus and train routes.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 3,444 SF | 5-10 Years | $42.80 CAD/SF/YR $3.57 CAD/SF/MO $147,421 CAD/YR $12,285 CAD/MO | TBD |
Ground
This tenancy encompasses approximately 320 m² and is currently occupied by a retail business specializing in Asian grocery and convenience products under KA National Trading P/L (A Mart). Operating seven days per week from 9:00 a.m. to 11:00 p.m., the premises is fitted with dedicated fixtures, cool storage, and display infrastructure suitable for high-volume retail use. A long-term lease commenced in September 2021 with a five-year initial term and includes a rental structure of approximately $150,000 per annum (inclusive of outgoings). The premises offers a proven performance history, with reported turnover of about $2.2 million per year and net income of approximately $150,000 per year. The configuration supports both operational efficiency and strong customer accessibility in a high-density CBD retail corridor. Listing is accompanied with business sale, with sale price of $375,000. Turnover: $2,200,000 per annum. Net Income $150,000 per annum.
- Fully Built-Out as a Convenience Store
- Located in-line with other retail
- Central Air Conditioning
- Plug & Play
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 3,444 SF | Gross Leasable Area | 7,470 SF |
| Property Type | Retail |
| Total Space Available | 3,444 SF |
| Property Type | Retail |
| Gross Leasable Area | 7,470 SF |
About the Property
161-163 Elizabeth Street sits in the core of Brisbane’s central business district, positioned within a heavily trafficked pedestrian zone that links retail, dining, and entertainment destinations. The building comprises multiple ground-floor and upper-level tenancies to accommodate a mix of retail and service-based operators. The location benefits from close proximity to Queen Street Mall, key public transport hubs, and numerous office towers that generate consistent foot traffic throughout the day and into the evening. The surrounding streetscape features high-profile commercial amenities, hospitality venues, and retail anchors. This address offers immediate access to Brisbane’s major arterials and public transport systems, making it a well-integrated urban commercial destination.
- Bus Line
- Metro/Subway
- Air Conditioning
Nearby Major Retailers
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161-163 Elizabeth St
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