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5 - 9 Eastern Road
Browns Plains QLD 4118
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Sold on 4 Oct 2018

5 - 9 Eastern Road Browns Plains QLD 4118

  • Shop & Retail
  • 3,734 m²
  • Sold

SECURE RETAIL INVESTMENT WITH ATTRACTIVE INCOME GROWTH

  • Freestanding retail investment
  • Guaranteed income growth (3% - 4%pa)
  • Net Income: $1,013,641 per annum

* Well established tenancy and income profile that is anchored by the largest gym group within Australia and 65% of the income underpinned by a multibillion private equity fund, providing absolute income security.

* A dominant, high profile freestanding retail investment, strategically positioned within Village Square Browns Plains, one of the largest home and lifestyle centres on Brisbane's Southside.

* The investment boasts a secure income profile via a WALE of 5.49 years* by income with secured long-term leases to strong performing retailers Go Health, Rivers and Glamaco, who have all occupied the location since 2009.

* Guaranteed income growth through attractive rental review mechanisms of 3% and 4% annually.

* Significant retail expenditure in the main trade area which is forecast to see 4.8% pa growth.

* Net Income: $1,013,641 per annum.

For Sale via Offers to purchase. Please contact the agents for more information.

CBRE Brisbane
CBRE Brisbane
Waterfront Place, Level 3
Brisbane City, QLD 4000

Property Highlights

Date Sold4 Oct 2018
Floor Area3,734 m²
Land AreaAsk Agent
ParkingOn site parking available
Property ID2014326455
Category
Last updated  11 Jul 2022
Map for 5 - 9 Eastern Road Browns Plains QLD 4118

Nearest transport* to 5 - 9 Eastern Road Browns Plains QLD 4118

Bus
Train
Tram
Ferry
Browns Plains Rd at Ranchwood Avenue313 m
Browns Plains station365 m
Browns Plains Rd at Webber Drive437 m
Vansittart Rd near Pavon St468 m
This data is © 2023 The State of Queensland, licenced under CC BY 4.0.
*Within a 4km radius
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CBRE Brisbane
CBRE Brisbane
Waterfront Place, Level 3
Brisbane City, QLD 4000

Property Highlights

Date Sold4 Oct 2018
Floor Area3,734 m²
Land AreaAsk Agent
ParkingOn site parking available
Property ID2014326455
Category
Last updated  11 Jul 2022

Co-Agents

Michael Hedger
Michael Hedger
CBRE Brisbane
Call
0488 059 009
Joe Tynan
Joe Tynan
CBRE Brisbane
Call
0422 050 338

More about 5 - 9 Eastern Road Browns Plains QLD 4118

5 - 9 Eastern Road Browns Plains QLD 4118 is categorized as Shop & Retail Property. It has a floor area of 3,734 m². The listing ID for this property is 2014326455.

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