5 Eastern Road, BROWNS PLAINS QLD 4118
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- 15 Oct 2016
Prominent Freehold Retail Investment
- 3,154sqm* retail investment with 67% of income secured on a 10 year lease with options expiring 2035 - occupying location since 2009
- Strategically located within Village Square Browns Plains - one of the largest home and lifestyle centres on Brisbane's Southside
- With long term leases in place and excellent tenant retention, the investment boasts a strong secure WALE of 6.11 years* by income
- Main Trade Area (MTA) retail spending forecast to reach $673m p.a by the year 2020, at a growth rate of 4.9% p.a.
- Net income of $926,000 p.a*
FOR SALE BY EXPRESSIONS OF INTEREST CLOSING THURSDAY 17TH NOVEMBER 2016 AT 12 NOON
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
5 Eastern Road BROWNS PLAINS