1642 Anzac Avenue North Lakes QLD 4509

An exceptional investment opportunity strategically positioned in the heart of the Moreton Bay region, one of the largest (3rd) and fastest (5th) growing local government areas in Australia. The Moreton Bay region also has the 3rd largest number of residential dwellings of any local government area in Australia.

- Located just 300 metres* to Westfield North Lakes and 700 metres* to Bruce Highway (M1), and close to shops, schools, healthcare infrastructure, Moreton Bay/Beach, bush reserve, sporting facilities, train station, and cycleway.
- 2,638m²* NLA mixed use commercial building completed in 2017.
- 117 car parking bays (73 basement, 44 on-grade) providing an exceptional ratio of 1:22.5m²* NLA.
- 5.5 star NABERS Energy Rating.
- 100% leased with a 3.5 year* WALE.
- $1,380,000* per annum Net Operating Income.
- Income underpinned by multi-national tenant Auto & General Holdings Pty Ltd occupying 36%* of the building until 30 September 2028, plus options to 2038.
- Huge potential for rental growth due to strong tenant demand coupled with constrained new supply.

For Sale via Expressions of Interest
Closing Thursday, 12 October 2023 at 3pm (AEST)

*Approximately
Image outlines indicative only.