RWC Retail are proud to present 3 Martha Street (4 Newman Avenue), Camp Hill QLD. For sale by Auction on Friday 22nd November, 9:45am (AEST) at Level 26, 111 Eagle Street, Brisbane City.
|What|
• Modern 444sqm* retail centre built in 2012
• Fully leased to five tenants, including a mix of national and popular local operators
• A perfect tenancy mix that is busy day and night
• The new location for one of Australia's most successful breweries, Range Brewing, with their Rays by Range bar
• Long 6.39 Year WALE
• Net Income of $193,559 + GST p.a.
|Where|
• Commanding 531sqm* corner land parcel with exposure to over 103,000 vehicles weekly
• In the affluent inner-Brisbane suburb of Camp Hill, 5km* from the CBD
• Camp Hill has a median house price of $1.656 million, doubling since 2019
• Part of the beloved Martha Street retail & dining precinct, and the second largest commercial land holding in the precinct
|Why|
• Inflation resilient CPI annual increases
• As passive as it gets with multi-tenanted retail investments
• A loyal and captive catchment, with a median per capita income 54% above the Queensland benchmark
• 8 on-site parking bays, providing convenient customer access
