Iconic High-Exposure Freehold in Tarragindi – New Tenant Secured | Fully Occupied Dual Tenancy |

Sale price: Offer Over 1.40m+

Retail commercial property, Tarragindi QLD

Rare Opportunity: Iconic High-Exposure Freehold in Tarragindi New Tenant Secured | Fully Leased Dual Tenancy | The Only One of Its Kind in the Suburb

Address: 13 Kuring Gai Avenue, Tarragindi, QLD 4121
Land Area: 253m
Zoning: Neighbourhood Centre
Tenancy: Fully Leased

Important Update New Lease Secured:

A brand-new lease has now been secured for Shop A, with a Vietnamese fusion takeaway operator expanding their successful business model from another venue. Commencing September 2025, this lease increases the rental return by over $8,000 p.a., highlighting a strong uplift in site value and tenant confidence.

Property Highlights:

- Premium Corner Location with approx. 10,000 vehicles passing daily (AADT), opposite a major service station.
- Freehold Title No body corporate, full control.
- Solid Construction Concrete brick, low maintenance, no immediate repairs required.
- Prime Inner South Position Just 9km from Brisbane CBD with easy access to Logan Road, M3, schools, Griffith University & public transport.

Tenancy Summary:

Both tenancies are leased to food-based operators with strong local following and proven business models. The new Vietnamese fusion takeaway lease begins in September 2025, replacing the existing fish & chips tenancy with significantly higher rent. Fitzys Fresh Seafood continues to trade successfully with a lease secured until 2028 and interest in long-term continuation.

From September 2025, the total projected gross rent is approximately $81,784 incl. GST per annum, providing a forecast gross yield of approximately 5.84% at the asking price of $1.4M.

Rear Common Area with Future Upside:

Secure, fully enclosed rear area with sliding gate access. Currently used for deliveries, storage, and staff access, and includes an on-site shared staff toilet. Future development potential (STCA) ideal for extending building GFA or creating an outdoor dining or service area.

This is a unique opportunity to secure a prime piece of commercial real estate in a highly sought-after location. With established businesses nearby and a major service station directly opposite, the area offers a solid foundation for success.