Industrial market remains strong as complex sells out for more than $17.5M
A 19 unit industrial complex in Pinkenba has sold out for more than $17,500,00. Located at 15 Holt Street, the…
It’s Doughnut Time at Mount Gravatt East
Fast growing national doughnut business Doughnut Time have opened a new outlet at Mount Gravatt East in Brisbane’s southeast through Ray White Commercial TradeCoast.
Doughnut Time has leased an approximately 69 sqm retail tenancy in a shopping complex at 6/345 Pine Mountain Road, Mount Gravatt East, in a deal negotiated by Ray White Commercial TradeCoast’s Jack Gwyn and Jonathon Jones.
Jack Gwyn said the outlet is situated in a complex which also includes McDonalds, Subway and an IGA supermarket.
“This tenancy was ideal for a food outlet and the complex has ample onsite parking and a signage tower facing Pine Mountain Rd,” he said.
Doughnut Time first opened a hole in the wall store in Brisbane’s Fortitude Valley early last year and now has more than 20 locations in Brisbane, the Gold Coast, Sydney and Melbourne.
Doughnut Time has taken out a 3 + 3 + 3 year lease at net rental of $40,000 per annum.
A 19 unit industrial complex in Pinkenba has sold out for more than $17,500,00. Located at 15 Holt Street, the…