3/145 Racecourse Road Ascot QLD 4007

Shop & Retail
Sold, $736,000

Affordable Optometrist Retail Investment. Recent 7 Year Net Lease.

Ascot: exclusive inner Brisbane suburb.
Strategically located under 15 minutes from the CBD.
High exposure retail shop including consulting rooms.
Fitted out with office, consulting and retail areas.
Racecourse Road is an established retail destination.
Ideally set amidst cafes and boutiques.
Surrounded by national retailers including The Coffee Club, Grill'd Burgers and Flight Centre.
Net Income: $42,309 pa + GST.

Recent 7 year leases to 2023 + options to 2028.
Established tenants with strong trading positions.
High profile retail properties in strong capital city and regional locations.
Popular medical retail investment asset class.
Net leases: tenants pay usual outgoings, as per leases.
The tenant, IPIC Pty Ltd, is the owner of George & Matilda Eyecare, a dynamic Australian owned optometry collective.

Investment offerings within this portfolio are (to be sold individually):
Bundaberg QLD
Gympie QLD
Noosaville QLD
Port Macquarie NSW
Wauchope NSW

AUCTION

Auction date and time	06/12/2016 10:00
Auction location	Doltone House Hyde Park

Burgess Rawson Sydney

Level 11.02, 9 Castlereagh Street

Sydney, NSW 2000

Property Highlights

Date Sold	6 Dec 2016
Sold Price	$736,000
Floor Area	Ask Agent
Land Area	Ask Agent
Parking	Ask Agent
Property ID	2013197535
Category	Shop & Retail
Last updated

Map for 3/145 Racecourse Road Ascot QLD 4007

Nearest transport* to 3/145 Racecourse Road Ascot QLD 4007

Bus

Train

Tram

Ferry

Racecourse Rd at Beatrice Street, stop 22	91 m
Racecourse Rd at Beatrice Terrace, stop 22	176 m
Lancaster Rd at Napier Street, stop 24/14	202 m
Lancaster Rd at Ascot Rail, stop 24/13	210 m

*Within a 4km radius

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The "rollout status" and "service type" can connect to services over the nbn network but may require additional work to be completed first. On rare occasions, some premises cannot be connected.