588 Redbank Plains Road Redbank Plains QLD 4301

CBRE are pleased to present to market Redbank Plains Travel Centre, an opportunity to acquire a well-established premium retail investment underpinned by high-profile national and international retailers, located in one of Queensland's fastest growing regions.

Premium retail convenience investment secured via long term leases to high profile national retailers including Ampol, Krispy Kreme, Carl's Jrs & Zarraffa's Coffee.
90% of income anchored by national and international retail tenants.
Strategically positioned in one of Queensland's fastest growing residential corridors set to benefit from high retail expenditure growth increasing from $1.37Bn to $3.52Bn an average growth of 5.1% p.a.
Expansive land holding of 1.53ha exposed to over 8 million cars annually with a dominant 152m frontage to Redbank Plains Road, a major arterial road.
Positioned on a 4-way intersection with excellent accessibility linking the property to high growth corridors - Springfield & Ripley.
Attractive income security underpinned by a 6.9 year WALE (by income) supported by corporate store guarantees and providing certain income growth via CPI and fixed annual rent reviews.
Fully Leased Net Income: $1,676,000* per annum + GST

For sale via expressions of interest closing Thursday 25th May 2023 at 4:00pm (AEST).

For further information on this unique opportunity please contact the exclusive sales and marketing agents.