Purchased

New retail asset ‘The Hub’ acquired for a valued client in Queensland!

 
Built in 2023, this modern facility offers 6,459 square meters of space, including a net lettable area of 2,300 square meters and 105 parking spaces. Situated in a rapidly growing area, it provides easy access to Ipswich, Brisbane CBD, and Brisbane Airport.
 
The Hub features high-visibility signage, attracting over 20,000 passing cars daily, and convenient access to St Ives Shopping Centre and Goodna Train Station. Currently hosting six tenancies, including Perform Physio, Kids Early Learning, and Café 63, the property offers three vacancies, with a two-year rental guarantee until filled. With a weighted average lease expiry of 7.83 years and a fully leased rental income of $984,650 per annum, it represents a lucrative investment opportunity in a thriving location.
 
Key Highlights
– Brand-new building built in 2023
– Site area of 6,459 square meters
– Lettable area of 2,300 square meters
– 105 onsite car parks (unmatched 1:18sqm* ratio)
– Fully leased with $984,650 estimated net income p.a. plus GST
– Two-year rental guarantee
– 7.83 year WALE (by area)
– Significant depreciation benefits
– Arterial road exposure with over 20,000 cars passing daily
– Anchored by childcare operator

Building Type: Retail & Childcare

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