102 George Street Beenleigh QLD 4207

Burgess Rawson is pleased to offer to the market 102 George Street, Beenleigh QLD for sale via our Investment Portfolio 168.

This opportunity has the following key investment highlights:

+ Brand new 10 year lease to Beenleigh Mufflers, Brakes and Mechanical - locally owned and operated business servicing Beenleigh for over 30 years with an established customer base
+ Prime location within Beenleigh's retail and commercial precinct with historically low vacancy rates and minimal tenant turnover
+ Fixed 3% annual rent increases, providing strong rental growth
+ 762sqm* 'Centre' zoned freehold site located in the heart of Beenleigh directly off the Pacific Motorway
+ Seamless integration with Beenleigh Marketplace, a major neighbourhood shopping centre anchored by Woolworths and BIG W, supported by 55+ specialty tenants and 900+ car parks
+ Strategically positioned automotive retailer within 100 metres* of Beenleigh Train Station, connecting the area to Brisbane, Logan, Ipswich and the Gold Coast
+ 36,638 motor vehicles within a 5km radius*, further highlighting the strength of the trade catchment and long-term tenant security
+ Single tenant minimum management investment
+ Located 32km* south of Brisbane CBD within a significant Brisbane/Gold Coast residential growth corridor, with an additional 70,000 new dwellings forecast for Logan City by 2031*
+ 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: $88,888 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEST Thursday 16 May 2024
The Hilton, Brisbane

Bidder registration required, register at portfolioauctions.com.au

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

*Approx.