264 Rode Road Wavell Heights QLD 4012

Shop & Retail
220 m²
Sold

Entry-Level Brisbane Retail Centre| Passive 3.96 Year WALE

RWC Retail are proud to present 264 Rode Road, Wavell Heights. For Sale by Auction on Friday 29th November, 9:45am (AEST) at Level 26, 111 Eagle Street, Brisbane City.

|What|
• Fully leased 220sqm* retail centre with just three tenants
• True set and forget investment that ticks every box
• Strong 3.96 year WALE
• Passive net leases, with tenants paying for all the usual outgoings
• Fully Leased Net Income of $120,452 + GST p.a.

|Where|
• Prominent corner land parcel with exposure to over 172,000 vehicles weekly
• Positioned in the heart of Wavell Heights, just 8km* from the Brisbane CBD,
• Located at the intersection of two major roads, in close proximity to 3 schools and major retail & medical precincts

|Why|
• Landlord favourable annual rent increases of CPI and 4%
• Longstanding tenant history, with two tenants occupying for over 16 years
• An affordable, low-maintenance property makes this an ideal entry-level investment
• High profile corner with outstanding positioning on a busy intersection between two major roads.
• 6 on-site parking bays, providing convenient customer access

RWC Retail

Level 26/111 Eagle St

Brisbane City, QLD 4000

Property Highlights

Date Sold	29 Nov 2024
Floor Area	220 m²
Land Area	341 m²
Energy	0-star NABERS Energy rating
Parking	Ask Agent
Virtual Tour	View Tour
Property ID	2019606933
Category	Shop & Retail Medical / Consulting Offices
Last updated

Map for 264 Rode Road Wavell Heights QLD 4012

Nearest transport* to 264 Rode Road Wavell Heights QLD 4012

Bus

Train

Tram

Ferry

Pfingst Rd near Rode Rd, stop 45	38 m
Pfingst Rd near Rode Rd, stop 45	58 m
Rode Rd at Pfingst - Warraba, stop 45	125 m
Pfingst Rd near Taylor St, stop 44	243 m

*Within a 4km radius

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RWC Retail

Level 26/111 Eagle St

Brisbane City, QLD 4000

Property Highlights

Date Sold	29 Nov 2024
Floor Area	220 m²
Land Area	341 m²
Energy	0-star NABERS Energy rating
Parking	Ask Agent
Virtual Tour	View Tour
Property ID	2019606933
Category	Shop & Retail Medical / Consulting Offices
Last updated

Co-Agents

RWC Retail

RWC Retail

More about 264 Rode Road Wavell Heights QLD 4012

264 Rode Road Wavell Heights QLD 4012 is categorized as Shop & Retail Property. It has a floor area of 220 m² and a land area of 341 m². The listing ID for this property is 2019606933.