588 Redbank Plains Road Redbank Plains QLD 4301

Blue-chip retail investment strategically positioned in one of Australia's fastest growing residential corridors 5.2% per annum above the Queensland average
Anchored by Australia's best-in-class retailers: Ampol (formerly Caltex), Carl's Junior, Krispy Kreme and Zarraffa's, with the balance of retailers complementing the centre and offering a truly defensive and diverse income profile
Attractive investment security underpinned by an 9.09-year WALE along with corporate store guarantees
Extensive residential development within the immediate catchment (6,000 lots within 2 km) continue to offer significant retail expenditure and discretionary spends
Strategically located on a major arterial that has direct access to some of Queensland's largest growth pockets
Convenience and accessibility at the forefront, positioned at a 4-way signalised intersection and offering on-grade parking for 124 vehicles
Expansive and prominent land holding occupying a corner lot of 1.53 hectares providing a 156-metre frontage to over 7.8 million cars annually *
High, Certain income growth along with favourable net lease structures providing a minimum of 3.0% YOY
Near-new building offering strong depreciation benefits and a tax-effective income stream
Fully Leased Net Income: $1,476,779 *
* approx.
FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING 11TH MARCH 2021 AT 4PM.