20 Stewart Road Ashgrove QLD 4060

RWC Retail are proud to present 20 Stewart Road, Ashgrove. For sale by Auction on Friday 30th August 2024, 9:45am at Level 26, 111 Eagle Street Brisbane City.

|What|
• Fully leased 323sqm* suburban retail centre with just four tenants
• Underpinned by three tenants for 19 years, with the fourth leasing for 10 years
• Long 5.22 Year WALE, with all tenants on renewed leases
• 11 on-site undercover parking bays
• Net Income of $191,933 + GST p.a.

|Where|
• High-profile corner land parcel with 3-street frontage in the heart of Ashgrove
• 4km* from the Brisbane CBD in a thriving retail precinct
• Within 200m* of three major supermarkets and five national bank branches
• At the meeting point of four major roads, creating a bustling hub servicing far beyond its immediate locale
• Serviced by significant education amenities including 10 schools & 14 childcare centres within 2km*.

|Why|
• A proven trading history and a secure future to four beloved local tenants
• Inflation resilient CPI increases for all tenants
• A true set & forget investment with all tenants on net leases
• First time ever offered to market

*Approximately