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458 Olsen Avenue
Molendinar QLD 4214
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Sold on 3 Nov 2020

458 Olsen Avenue Molendinar QLD 4214

  • Shop & Retail
  • 3,798 m²
  • Sold

CRESTWOOD PLAZA DOMINANT NEIGHBOURGHOOD SHOPPING CENTRE

  • 70% secured by national tenants
  • High income growth - 3-5% increases
  • Net Income: $1,921,549 pa*

70% SECURED BY HIGH PROFILE NATIONAL TENANTS

Modern, well established shopping centre anchored by a strong trading SUPA IGA, complimented by 24 specialities with a high weighting towards f & b and medical tenants
Diverse mix of retailers including Domino's, Baskin Robbins, BWS, Burger Urge, Noodle Box and Unibet
Strategically located less then 3km from the Griffith University, University Hospital, the Commonwealth Games Village and 1,200 new dwellings which are currently under construction.
Expansive 12,200sqm* corner location with a dominant 240m* frontage to Olsen Avenue
Significant retail spending within primary trade area of $168.2m set to see 5.6% annual growth
High income growth with majority of the specialty tenants between 3% and 5% fixed annual increases.
Net Income: 1,921,459 pa* (fully leased)

For Sale via Offers to Purchase. Please contact the agents for further information.

CBRE Brisbane
CBRE Brisbane
Waterfront Place, Level 3 1 Eagle Street
Brisbane City, QLD 4000

Property Highlights

Date Sold3 Nov 2020
Floor Area3,798 m²
Land Area1.22 ha
ParkingOn site parking available
Property ID2013886888
Category
Last updated  10 Jun 2024
Map for 458 Olsen Avenue Molendinar QLD 4214
CBRE Brisbane
CBRE Brisbane
Waterfront Place, Level 3 1 Eagle Street
Brisbane City, QLD 4000

Property Highlights

Date Sold3 Nov 2020
Floor Area3,798 m²
Land Area1.22 ha
ParkingOn site parking available
Property ID2013886888
Category
Last updated  10 Jun 2024

More about 458 Olsen Avenue Molendinar QLD 4214

458 Olsen Avenue Molendinar QLD 4214 is categorized as Shop & Retail Property. It has a floor area of 3,798 m² and a land area of 1.22 ha. The listing ID for this property is 2013886888.

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