 Asset Class: | Retail |
 Price: | $ 1755000 |
 Net Yield: | 6.36 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | On Market |
<br>This exceptional investment opportunity offers a rare chance to acquire a thriving retail and office building in the high-growth suburb of Tingalpa. Ideally located just 15 minutes from Brisbane Airport and 30 minutes from Brisbane CBD, this asset is perfectly positioned for long-term success. <br><br>The property features a total net lettable area of 288 square metres, comprising four tenancies: The Body Shape Aesthetic (64 sqm), Miss Petite (64 sqm), which has been onsite for the past 10 years, WSC Group Aust (71 sqm), and a 89 square metres vacant space with a two-year rental guarantee in place $28,800 pa + Outgoings. <br><br>WSC Group has occupied the site for 10 years but has decided not to continue operating there after their lease expires 25/02/2025. The current owner has a potential tenant interested in taking over the space and has also put a two-year rental guarantee in place to minimise risk $21,600 pa Outgoings Additionally, the property generates an extra income stream through solar electricity charges, contributing approximately $5,000 annually. <br><br>Investing in this rare opportunity allows you to generate $111,693.30 per year in rental income, with annual rent increases ranging between 4% and CPI.
How old is the asset?
Vendor's reason for selling?
Days property been on market?
Is this property strata titled?
Are the seller and tenant related parties?
How long has the current tenant been on site?
How long has the tenant been in business?
Is this property in a flood zone?
Is this lease a leaseback arrangement?
Tingalpa, located approximately 10 kilometers east of Brisbane's Central Business District, is a suburb that has seen significant commercial growth in recent years. Its strategic position near major transport routes, including the Gateway Motorway, provides businesses with efficient access to Brisbane Airport, the Port of Brisbane, and the broader South East Queensland region. <br><br>The suburb's commercial landscape is diverse, encompassing a range of industries such as manufacturing, professional services, and retail. The presence of the Tingalpa Industrial Estate highlights the area's industrial capabilities, offering high-quality facilities suited to various users. This estate benefits from its proximity to key infrastructure, making it an attractive location for businesses seeking logistical advantages. <br><br>Recent developments in Tingalpa's commercial real estate market indicate a robust investment environment. The availability of development sites and land for sale suggests ongoing interest in expanding commercial operations within the suburb. This trend reflects Tingalpa's growing reputation as a viable destination for business investment. <br><br>Overall, Tingalpa's combination of strategic location, diverse industry presence, and ongoing commercial development positions it as a key player in Brisbane's economic landscape.
Additional Location Information File<p style=" padding-left:0px;"><u>Miss Petite:</u><span style="color:rgba(0, 0, 0, 0.847);padding-left:0px;"> </span><a style="color:rgb(5, 99, 193);padding-left:0px;display:inline;" target="_blank" href="https://misspetite.com.au/"><u>https://misspetite.com.au/</u></a><span style="color:rgba(0, 0, 0, 0.847);padding-left:0px;"> </span></p> <br><p style=" padding-left:0px;">Miss Petite specialise in children pamper parties involving fun participation in girl’s hair & nails pampering, age-appropriate makeup, chocolate facials and sparkles, mixed with fun games, music, dancing and treats.<span style="color:rgba(0, 0, 0, 0.847);padding-left:0px;"> </span></p><p style=" padding-left:0px;"><span style="color:rgba(0, 0, 0, 0.847);padding-left:0px;"> </span></p><p style=" padding-left:0px;"><u>Body Shape Aesthetic:</u><span style="color:rgba(0, 0, 0, 0.847);padding-left:0px;"> </span><a style="color:rgb(5, 99, 193);padding-left:0px;display:inline;" target="_blank" href="https://www.fresha.com/a/the-bodyy-shape-aesthetic-tingalpa-24a-1631-wynnum-road-r5txlld7"><u>https://www.fresha.com/a/the-bodyy-shape-aesthetic-tingalpa-24a-1631-wynnum-road-r5txlld7</u></a><span style="color:rgba(0, 0, 0, 0.847);padding-left:0px;"> </span></p><p style=" padding-left:0px;"><span style="color:rgba(0, 0, 0, 0.847);padding-left:0px;"> </span></p>The Body Shape Aesthetic specializes in natural beauty, offering personalized, non-invasive treatments such as hydro dermabrasion, teeth whitening, and body sculpting.
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Miss Petite – 64 sqm - $448.33/sqm The Body Shape Aesthetic – 64 sqm - $431.25/sqm WSC Group Aust – 71 sqm - $304.23/sqm Unit 24D – 89 sqm - $323.60/sqm
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<p style=" padding-left:0px;"><span style="color:rgb(255, 0, 0);padding-left:0px;"> </span></p><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Prime Investment Opportunity: Retail and office building in high-growth Tingalpa. </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Strategic Location </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Property Details: </span></p></li><ul style="list-style-type:circle;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Total net lettable area: 288 sqm. </span></p></li></ul><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Four tenancies: </span></p></li><ul style="list-style-type:circle;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">The Body Shape Aesthetic – 64 sqm. </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Miss Petite – 64 sqm (onsite for 10 years) </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">WSC Group Aust – 71 sqm </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Vacant space – backed by a 2-year rental guarantee. </span></p></li></ul><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Tenant Update: </span></p></li><ul style="list-style-type:circle;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">WSC Group is vacating after 10 years. </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Owner has a potential tenant lined up. </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">2-year rental guarantee in place to minimise risk. </span></p></li></ul><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Additional Income Stream: </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Solar panels generate approximately $5,000 per year. </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Net Income - $111,693.30 </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Strong Rental Growth: </span></p></li><ul style="list-style-type:circle;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Annual rental increases between 4% and CPI.</span><span style="color:rgba(0, 0, 0, 0.847);padding-left:0px;font-weight:normal;"><i> </i></span></p></li></ul></ul>
