Retail | $16,000,000 | 6.1% Net Yield | QLD
This fully leased, 3,282 sqm health-focused retail asset is strategically located within a thriving retail hub in QLD, just 21km south of Brisbane’s CBD. Anchored by Good Life, Australia's largest health club operator, and supported by national retailers Supplement Mart, Imaging Queensland, and Glamaco, the asset generates a secure $976,257.19 in annual net income.
The 7.96 years of WALE, combined with fixed annual rental increases (3%–4%) and full net leases, ensures reliable and growing returns. Situated just 21km south of Brisbane CBD, this is a rare opportunity to acquire a dominant freehold retail centre within a high-growth corridor.
Key Highlights
- Asset Class: Retail
- Price: $16,000,000
- Net Yield: 6.1%
- Net Income: $976,257.19 per annum
- GLA: 3,282 sqm
- Site Area: 3,734 sqm
- WALE: 7.96 years (by income and area)
- Lease Type: Net leases with fixed annual increases (3% – 4%)
- Flood Zone: Yes (agent advises no flooding history)
- Bushfire Zone: No
- Strata Title: No
- Initial Deposit: $250,000
- Due Diligence: 28 days
- Finance Clause: 28 days
- Settlement Period: 21 days
report, bank fees)
Purchasing Costs
MORTGAGE COSTS
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