Prime Metro Brisbane Investment | Fully Leased Retail Complex

Description

Burgess Rawson is pleased to offer to the market 25-29 Eastern Road, Browns Plains QLD for sale via our Investment Auction Portfolio 172.

This opportunity has the following key investment highlights:

+ Fully leased retail centre anchored by global giants Subway & Baskin-Robbins and supported by complimentary food & beverage tenants
+ Subway: international fast food leader with more than 44,000 locations globally
+ Baskin & Robbins: global brand of ice cream & cake specialty stores with over 8,000 locations worldwide
+ Diversified and complementary income stream with attractive CPI, fixed 3% & 4% annual rent reviews
+ Investor-preferred net lease structures, with the tenants paying all usual outgoings including land tax
+ Prime 440sqm* NLA single-storey retail complex with 19 on-title car spaces
+ High-profile 2,055sqm* corner site with 94 metres* of dual retail frontage & exposure to Eastern Road & Village Square Shopping Centre
+ Strategically positioned in a tightly held retail precinct with an MTA retail spending market of $141.1 million
+ Unrivalled site location adjacent Grand Plaza Shopping Centre & surrounding national retailers including Bunnings, Harvey Norman, Woolworths, Coles, Big W, McDonald’s, GYG & an abundance of supporting stores
+ Seamless integration with the Mount Lindesay Highway, a key arterial roadway with over 45,000 passing vehicles daily*
+ Logan City Council: second fastest growing LGA in South-East Queensland, with the population forecast to increase 47% by 2041 to over 500,000 residents and $1.2 billion committed in future capital works projects*
+ Net Income: $298,327 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEST Thursday 31 October 2024
The Hilton, Brisbane

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.

Enquire

Contact agents
Craig Chapman Sales Executive
0427 110 132
Beau Coulter Partner
0413 839 898
Josh Scapolan Senior Sales Executive
0484 229 829
Enquiry Form

Browns Plains, QLD

25-29 Eastern Road

For Sale by Portfolio Auction
Thursday 31st October 10:30AM The Hilton, Brisbane

This property is part of Portfolio 172

Price: Contact Agent

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