Purchased

An established convenience centre with development upside, featuring a diverse and successful tenancy mix.

 

Capital City Trophy Investment: A prime piece of real estate in a bustling capital city. National Branded Tenants: Featuring key national brands for long-term stability.

Recession-Proof Businesses: Essential services and a Medical Centre provide stability in all economic climates.

Large Land Areas for Future Development: Unlocking potential for future growth and expansion.

Building Type: Retail

WALE: 3 years

Total Site Area: 4,517m2 of Freehold Land

  • Total Site Area: 4,517m2 of Freehold Land
  • Gross Lettable Area: Approximately 907m2
  • Income Stability: National tenants on varying leasing end dates
  • Diversity: Complimentary and proven successful tenancy mix – national & medical
  • Net Income:  $509,953 net + GST (approx.)
  • Other:  Development Upside with drive-thru pad site at entrance (20% site coverage)
  • Leases: Night Owl, Dominos, Better Life Medical Centre, BWS and Dominos and other essential services (recession-proof) tenants.
  • Location: North Lakes – High growth corridor of Northern Brisbane yet still an Established Market

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