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DESCRIPTION:3.77 Year WALE\, SPAR & Liquorland Head Office Leases\nRay Whi
 te Retail are proud to present Glenwood Centre at 62 Glenwood Drive\, Mor
 ayfield (Brisbane) QLD. For sale by Auction on Friday 5th June\, 9:45am (
 AEST) at Level 26\, 111 Eagle Street\, Brisbane City\n\n|What|\n• Fully l
 eased 968sqm* retail centre\n• Large 3\,229sqm* corner land parcel with 1
 27m* street frontage\n• 60% of income underpinned by SPAR & Liquorland he
 ad office leases\n• Low maintenance investment with the majority of usual
  outgoings recoverable\n• Long 3.77 Year WALE providing income security\n
 • Fully Leased Net Income of $350\,494 + GST p.a.\n\n|Where|\n• Exception
 al convenience with 65 on-site car parks (1:15sqm* building area)\n• In t
 he booming Caboolture region\, 40km* North of the Brisbane CBD\n• Well-lo
 cated within a suburban area and only 200m* from a major state school\n\n
 |Why|\n• The only retail centre in Morayfield's East\, drawing consistent
  traffic 7 days a week\n• Affordable base rents averaging only $376/sqm*\
 , providing scope for rental uplift\n• Proven tenancy mix with low tenant
  turnover history\n• Longstanding tenants\, with some dating back to the 
 mid 1990's\n\n* Approximately
DTEND:20260605T104500
DTSTAMP:20260507T055742Z
DTSTART:20260605T094500
LOCATION:Level 26\, 111 Eagle Street Brisbane Qld 4000
SEQUENCE:0
SUMMARY:Auction: Spar 2-4 Glenmay Court\, Morayfield QLD
UID:CRE-2020823077-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><
 title></title></head><body><P DIR=LTR>3.77 Year WALE\, SPAR & Liquorland 
 Head Office Leases <br/> Ray White Retail are proud to present Glenwood C
 entre at 62 Glenwood Drive\, Morayfield (Brisbane) QLD. For sale by Aucti
 on on Friday 5th June\, 9:45am (AEST) at Level 26\, 111 Eagle Street\, Br
 isbane City\n <br/> \n <br/> |What|\n <br/> • Fully leased 968sqm* retail
  centre\n <br/> • Large 3\,229sqm* corner land parcel with 127m* street f
 rontage\n <br/> • 60% of income underpinned by SPAR & Liquorland head off
 ice leases\n <br/> • Low maintenance investment with the majority of usua
 l outgoings recoverable\n <br/> • Long 3.77 Year WALE providing income se
 curity\n <br/> • Fully Leased Net Income of $350\,494 + GST p.a.\n <br/> 
 \n <br/> |Where|\n <br/> • Exceptional convenience with 65 on-site car pa
 rks (1:15sqm* building area)\n <br/> • In the booming Caboolture region\,
  40km* North of the Brisbane CBD\n <br/> • Well-located within a suburban
  area and only 200m* from a major state school\n <br/> \n <br/> |Why|\n <
 br/> • The only retail centre in Morayfield's East\, drawing consistent t
 raffic 7 days a week\n <br/> • Affordable base rents averaging only $376/
 sqm*\, providing scope for rental uplift\n <br/> • Proven tenancy mix wit
 h low tenant turnover history\n <br/> • Longstanding tenants\, with some 
 dating back to the mid 1990's\n <br/> \n <br/> * Approximately</P></body>
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