School buys ex-noodle house
A retail property in a tightly held Asian hospitality precinct has sold to an adult education provider which plans to occupy.
Lots 6 and 7 at the Pacific Centre at 8 Lear Street, Sunnybank Hills, traded for $1.65 million.
The 156 square metre strata retail space across two lots is also exposed to Calaam Road, opposite Sunnybank Hills Shopping Centre.
It was offered vacant fit out for a restaurant; it previously traded as a noodle house.
Colliers’ Tony Wang represented the vendor, an Asia based private investor (continues below).
“The purchaser was drawn to the flexible layout, including dual front and rear access, as well as the potential to reposition the space for education-related use targeting students from surrounding residential catchments,” he said.
Sunnybank Hills is about 15 kilometres south of Brisbane’s CBD.
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