 Asset Class: | Retail |
 Price: | $ 3000000 |
 Net Yield: | 5.80 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | Pre Market |
Presenting a strong performing muti-tenanted centre investment opportunity at <span style="color:rgb(51, 63, 72);padding-left:0px;font-style:inherit;font-weight:normal;margin-inline-start:0px;">88 Buckland road, </span><span style="color:rgb(51, 63, 72);padding-left:0px;font-style:inherit;font-weight:normal;">Nundah, QLD 4012.</span><br><br>This complex is featuring a 322 m2 of net lettable area situated atop of 453 m2 of land in Nundah. Nundah is an upper-market middle ring suburb of Brisbane, located less than 10 km from the Brisbane CBD. <br><br>The investment is anchored by 4 x tenants, anchored by the Global Tenant, Pizza Hut and it is currently returning a net income of $174,832* per year. <br><br>Testament to the profile and strength of this tenancy and the location, this property is surrounded by several high-profile tenants such as <span style="color:rgb(51, 51, 51);font-weight:normal;">Woolworths, Good Life Gym, Subway and BWS.</span><br><br>This investment offers investors the opportunity to secure a well presented and strong performing asset with 4 reputable tenants. Don't miss the chance to capitalise on this fantastic opportunity to purchase a tenanted investment in a fully developed area with minimal option ever available.
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Brisbane is the capital city of Queensland and Australia’s third largest city supporting a population of over 2.5 million people and contributing over 46% to the States economy. Boasting the greatest net migration in 2023-24, the population is projected to increase to over 3.5 million in the next 2 decades. Having recently been awarded the 2032 Olympic and Para-Olympic Games, Brisbane is benefiting from the significant infrastructure projects that will future proof the city.<br><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;margin-inline-start:20px;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Brisbane contributes over 46% to Queensland’s $360 billion economy</span></p></li><li style="list-style-image:none;margin-inline-start:20px;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Up to $8.1 billion infrastructure invested for Queensland for the Olympics</span></p></li><li style="list-style-image:none;margin-inline-start:20px;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">1.26 million employed population</span></p></li><li style="list-style-image:none;margin-inline-start:20px;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">2.5 million residents</span></p></li><li style="list-style-image:none;margin-inline-start:20px;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">$14.7 billion invested in infrastructure in last few years</span></p></li><li style="list-style-image:none;margin-inline-start:20px;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">$52.2 billion invested in infrastructure over the next 4 years</span></p></li><li style="list-style-image:none;margin-inline-start:20px;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Qld’s preparation for the Olympics is progressing with more than $190 million in State Budget funding for infrastructure funding and development, and a targeted strategy to improve sports performance</span></p></li><li style="list-style-image:none;margin-inline-start:20px;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Cross River Rail</span></p></li></ul>
Additional Location Information File<b>Pizza Hut: </b><br>Pizza Hut is an American multinational pizza restaurant chain and international franchise founded in 1958 in Wichita, Kansas by brothers Dan and Frank Carney. The chain, headquartered in Plano, Texas, operates 19,866 restaurants worldwide as of 2023.<br><br><b>Seoul Blues: </b><br>Website: <a style="color:rgb(44, 123, 208);display:inline;" target="_blank" href="https://www.facebook.com/p/SeoulBlues-61566109194026/"><u>SeoulBlues | Brisbane QLD | Facebook</u></a><span></span><br><span style="color:rgb(25, 25, 25);">Korean restaurant </span><br><br><b>National Roof Inspections:</b><br><span style="font-weight:normal;">Website:</span><b> </b><a style="color:rgb(44, 123, 208);display:inline;font-weight:normal;" target="_blank" href="https://www.nationalri.com.au/"><u>National Roof Inspections | Independent roof reports</u></a><span style="font-weight:normal;"></span><br><br><b>Gardner Vaughn Group: </b><br><span style="font-weight:normal;">Website: </span><a style="color:rgb(44, 123, 208);display:inline;font-weight:normal;" target="_blank" href="https://gardnervaughangroup.com.au/"><u>Gardner Vaughan Group</u></a><span style="font-weight:normal;"></span>
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Security Info:
Please refer the attached<br><br>** The property is currently self-managed
Additional Financial Information FileInitial Term:
Security:
Security Info:
Please refer to "Financials - 88 Buckland Rd" document
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<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);padding-left:0px;font-weight:normal;font-style:normal;">High profile Sout East Queensland Asset</span></p></li><li style="list-style-image:none;"><p style="list-style-position:inherit;list-style-type:inherit;display:inline;"><span style="color:rgb(51, 51, 51);padding-left:0px;font-weight:normal;font-style:normal;">453 m2 of land area</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="list-style-position:inherit;list-style-type:inherit;display:inline;"><span style="color:rgb(51, 51, 51);padding-left:0px;font-weight:normal;font-style:normal;">322 m2 of total NLA</span></p></li><li style="list-style-image:none;"><p style="list-style-position:inherit;list-style-type:inherit;display:inline;"><span style="color:rgb(51, 51, 51);padding-left:0px;font-weight:normal;font-style:normal;">8 Car Parks</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="list-style-position:inherit;list-style-type:inherit;display:inline;"><span style="color:rgb(51, 51, 51);padding-left:0px;font-weight:normal;font-style:normal;">High quality Fit Out</span></p></li><li style="list-style-image:none;"><p style="list-style-position:inherit;list-style-type:inherit;display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Fully leased freehold commercial building anchored by Global tenant </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Pizza Hut</b></span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="list-style-position:inherit;list-style-type:inherit;display:inline;"><span style="color:rgb(0, 0, 0);padding-left:0px;font-weight:normal;font-style:normal;">4 separate commercial tenancies, offers diversification, stability, and promising returns</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="list-style-position:inherit;list-style-type:inherit;display:inline;"><span style="color:rgb(0, 0, 0);padding-left:0px;font-weight:normal;font-style:normal;">WALE of 3.61 years</span></p></li></ul>
