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Australia Retail 002


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Listing

Photos and map [-]
Location [-]
Address Brisbane ,
State/Province Queensland
Country Australia
Property Information [-]
Title Australia Retail 002
Category Sold
Status SOLD
Featured No
Description
  • Fully leased, modern IGA anchored retail convenience shopping centre in strong northern high growth corridor
  • Securely leased to Cornett's IGA (exp. 2021, fixed annual increases of 3.00%), 7 specialties and 1 ATM comprising a total GLA of 2,287sqm*
  • Developed in 2006 providing strong depreciation benefits
  • Fully leased net income: $753,465p.a* with a weighted average lease expiry profile of 7.86* years
  • Dominant location, one of the fastest growing residential catchments
  • Opportunity to add an additional 500sqm* of GLA (code assessable) providing development upside and income growth (STCA)

Total viewing 728
Summary [-]
Sub-Type Convenience Centre
GLA 2287m²
NOI AU$753 465

Agent info

Agent information
Agent Photo
Name Garth Wilson
Listing (95)  |  Agent info  |  Contact agent
Phone:
+27 21 783 5833
Mobile:
+27 82 576 1995
Skype:
garth-wilson

 
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