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Highlights

  • 161 Waterworks Road, Ashgrove sits on a high-traffic arterial with strong day-and-night pedestrian counts.
  • Located within a retail cluster supported by NightOwl Convenience, BP service station, and established local businesses.
  • The building features prominent signage capability and upgraded façade to maximize street appeal.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • Ground
  • 775 SF
  • Negotiable
  • $30.55 /SF/YR $2.55 /SF/MO $23,675 /YR $1,973 /MO
  • TBD
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

This 72 m² ground-floor tenancy offers a highly functional open-plan configuration ideal for diverse retail and food-service applications. Large-format glass frontage ensures excellent natural light and maximum product visibility to passing trade. The interior layout supports easy customization for grab-and-go operators, boutique retailers, or urban convenience concepts seeking a tenancy that’s ready to activate quickly and efficiently. Positioned to leverage consistent vehicle and foot traffic, the space features direct street access and shared customer parking, enhancing walk-in appeal. Prominent signage locations allow for outstanding branding opportunities, while proximity to complementary operators ensures strong footfall synergy, making this property perfect for businesses aiming to thrive in a high-exposure setting.

  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Wheelchair Accessible
Space Size Term Rental Rate Rent Type
Ground 775 SF Negotiable $30.55 /SF/YR $2.55 /SF/MO $23,675 /YR $1,973 /MO TBD

Ground

Size
775 SF
Term
Negotiable
Rental Rate
$30.55 /SF/YR $2.55 /SF/MO $23,675 /YR $1,973 /MO
Rent Type
TBD
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

This 72 m² ground-floor tenancy offers a highly functional open-plan configuration ideal for diverse retail and food-service applications. Large-format glass frontage ensures excellent natural light and maximum product visibility to passing trade. The interior layout supports easy customization for grab-and-go operators, boutique retailers, or urban convenience concepts seeking a tenancy that’s ready to activate quickly and efficiently. Positioned to leverage consistent vehicle and foot traffic, the space features direct street access and shared customer parking, enhancing walk-in appeal. Prominent signage locations allow for outstanding branding opportunities, while proximity to complementary operators ensures strong footfall synergy, making this property perfect for businesses aiming to thrive in a high-exposure setting.

  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Wheelchair Accessible

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 775 SF
Property Type Retail
Property Subtype Storefront
Gross Leasable Area 13,896 SF
Parking Ratio 0.91/1,000 SF

About the Property

161 Waterworks Road, Ashgrove QLD, forms part of a neighbourhood shopping strip anchored by high-volume traffic and established convenience operators. The building offers excellent visibility from Waterworks Road, a core arterial route servicing Brisbane’s inner-northwest communities. Supported by on-site parking and located adjacent to long-standing tenants, this property enjoys built-in consumer activity and sustained local loyalty. The position benefits from surrounding residential density and destination-based drawcards, including grocery, service stations, and essential services within easy reach. Connectivity and convenience define the property’s profile, positioning it as a dependable platform for operators seeking long-term exposure in a dependable suburban corridor.

  • Listing ID: 40764276

  • Date on Market: 6/3/2026

  • Last Updated:

  • Address: 161 Waterworks Rd, Ashgrove, QLD 4060

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