 Asset Class: | Retail |
 Price: | $ 6362000 |
 Net Yield: | 6.50 % |
Net Yield - including solar strategy: | % |
 Property Market Status: |
28A & 28B Tallowwood Street, Seven Hills QLD presents a premier leased investment opportunity. Lot 511 is tenanted by Viva Leisure, occupying 919 sqm* on a 10-year net lease, generating a stable passing net income of $413,550 per annum. In addition to the secure income from Viva Leisure, lot 512 features 284 sqm* of unrealised potential, offering a value-add opportunity for investors to capitalise on future leasing potential to circa $2 million plus. Please note the current tenant has already shown interest to that vacant space. <br><br>Seven Hills is a well-connected Brisbane suburb, just <b>4.5 km from the CBD</b>, offering excellent amenities like the Morningside Plaza, Coorparoo Market place, strong transport links, and a vibrant community atmosphere.<br><br><span style="color:rgb(0, 0, 0);">The opportunity also comes with multiple enticing capital growth strategies. Enjoy strong returns, manufacture upside, and create multiple exit strategies for future access - if needed. </span><br><br><span style="color:rgb(0, 0, 0);">This is a rare retail opportunity set to provide its investor a net income of circa $413,550* per year with future uplift. </span>
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?
Seven Hills is a well-connected Brisbane suburb, just 4.5 km from the CBD, offering excellent amenities like the Morningside Plaza,Coorparoo Market place, strong transport links, and a vibrant community atmosphere.<br><br>Seven Hill’s is a thriving southern suburb of Brisbane, locatedapproximately 4.5 kilometres from the Brisbane CBD, making it an accessible and desirable area for residents and businesses alike. The suburb is known for its strong community atmosphere, supported by a predominantly residential population with a median age of 37, reflecting a balanced mix of families, young professionals, and retirees. Seven Hill’s accessibility is further enhanced by its strategic locationalong Agnew Street which directly connects to Wynnum Road, One of Brisbane’s main arterial routes, which provides easy access to the city and surrounding areas. Public transport options are abundant,with regular bus services that connect the suburb to various parts of Brisbane, making it convenient for both commuters and locals. <br><br>The Morningside Plaza is a central shopping hub offering a range of retail options, from major supermarkets to specialty stores, catering to the daily needs of the local community. On the other side, Coorparoo Marketplace, offering an extensive array of retail, dining, and entertainment options. Seven Hills boasts a vibrant mix of residential, commercial, and recreational amenities, including a well-established dining precinct and nearby parklands. Its appeal lies in the combination of a relaxed neighbourhood atmosphere and its accessibility to the city, making it a sought-after location for businesses, residents, and investors alike.
Additional Location Information FileInitial Term:
Security:
Security Info:
<b><u>The Upside Potential: </u></b><br><br><span style="color:rgb(34, 34, 34);"><b>Current Passing Net Income:</b></span><span style="color:rgb(34, 34, 34);"> $413,550 pa</span><br><span style="color:rgb(34, 34, 34);"><b>Fully Leased Net Income</b></span><span style="color:rgb(34, 34, 34);">*: $541,350 pa (Extra 284 m2 of space which Viva Leisure (ASX-listed current tenant) is interested in leasing with the same term that they currently have) </span><br><br><span style="color:rgb(34, 34, 34);"><b>Potential Net Yield After the Fully Leased Net Income: </b></span><span style="color:rgb(34, 34, 34);font-weight:normal;">8.5%</span><br><br><span style="color:rgb(34, 34, 34);"><b>Revaluation (6% - 6.5% yield): </b></span><span style="color:rgb(34, 34, 34);">$8,328,000 to $</span><span style="color:rgb(0, 0, 0);font-style:inherit;font-weight:normal;padding-left:0px;">9,022,500</span><br><span style="color:rgb(0, 0, 0);font-style:inherit;padding-left:0px;"><b>Uplift: </b></span><span style="color:rgb(0, 0, 0);font-style:inherit;font-weight:normal;padding-left:0px;">Circa $2 million </span><br><br>
Additional Financial Information FileInitial Term:
Security:
Security Info:
TBC
Offer To Purchase:
$
Initial Deposit:
$
Due Diligence:
days
Finance:
days
Settlement:
days
<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, 63, 72);font-style:normal;"><b>Prime Location: </b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Situated in Brisbane’s premier inner-ring suburb within the prestigious Clearview Urban Village, just 4.5km* from the Brisbane's CBD</span></p></li><li style="list-style-image:none;color:rgb(51, 63, 72);font-weight:bold;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Investment with Upside Potential: </b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Blue-chip investment with vacancy upside and offering immediate secure income and strong long-term growth in a high-demand area</span></p></li><li style="list-style-image:none;color:rgb(51, 63, 72);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>ASX Listed Tentant:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> Tenanted by Viva Leisure with a 9.92year WALE, this property features an attractive lease structure with all outgoings on-chargeable</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;">Ample Parking</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 63, 72);font-weight:normal;font-style:normal;">Retail and Dining: Near Morningside Plaza and Coorparoo Marketplace, offering extensive shopping, dining, and entertainment options.</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 63, 72);font-style:normal;"><b>Community Hub: </b></span><span style="color:rgb(51, 63, 72);font-weight:normal;font-style:normal;">Landscaped surroundings and high visibility within a rapidly growing urban precinct.</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);font-weight:bold;"><p style="display:inline;"><span style="color:rgb(51, 63, 72);font-style:normal;"><b>Accessibility and Surrounding Amenities</b></span></p></li><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><ul style="list-style-type:square;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 63, 72);"><p style="display:inline;"><span style="color:rgb(51, 63, 72);font-weight:normal;font-style:normal;">Public Access: Convenient for staff and visitors with ample public transport options and direct access to major arterial roads.</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 63, 72);font-weight:normal;font-style:normal;">Local Growth: Surrounding development projects include new residential apartments and townhouses, enhancing the area's desirability.</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 63, 72);font-weight:normal;font-style:normal;">Olympic Impact: Strategic location within Brisbane's growth corridor ahead of the 2032 Olympics, promising increased foot traffic and sustained growth.</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 63, 72);font-weight:normal;font-style:normal;">Seven Hills is a prestigious Brisbane suburb characterised by a high socio-economic demographic, with household incomes exceeding the Queensland state average by 60%.</span></p></li></ul></ul><li style="list-style-image:none;color:rgb(51, 63, 72);font-style:normal;font-weight:bold;"><p style="display:inline;"><span style="font-style:normal;color:rgb(51, 51, 51);"><b>Volumetric Title: </b></span><span style="font-weight:normal;color:rgb(51, 51, 51);font-style:normal;">The subject property is a 1,230 sqm* volumetric titled property shared in a building management agreement with Brisbane City Council. There are three titles in total of which the subject offers two titles, making up 60.9% of the body corporate. The NLA of the total property is approximately 2,750 sqm* (of 3 titles)</span></p></li></ul>
