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DESCRIPTION:Premium Entry-Level Investment | Metro Brisbane Freehold Opposi
 te Woolworths\nCBRE is pleased to exclusively offer to the market 224 Wate
 rworks Road\, Ashgrove QLD 4060\, for sale via Investment Portfolio Auctio
 n 188.\n\nThis opportunity has the following investment highlights:\n\n+ F
 ive (5) year lease to Unplugged Yoga to 2029\, plus one (1) further five (
 5) year option to 2034\n+ Highly desirable\, fixed 3% annual rental increa
 ses\, guaranteeing strong rental growth\n+ Contracted rental uplift of $12
 \,287 with the current landlord-funded rental abatement expiring in Februa
 ry 2028\, increasing income to the full-face rental\n+ Lease supported by 
 a personal guarantee and a three (3) month security deposit\, providing ad
 ditional security and enhanced income protection for investors\n+ Tightly 
 held 304sqm* freehold Ashgrove site with direct frontage to Waterworks Roa
 d\, a major Brisbane thoroughfare that connects Northwestern suburbs to th
 e CBD       (160\,000+ vehicles passing daily)\n+ Unplugged Yoga: a respec
 ted lifestyle and wellness tenant\, attracting a dedicated customer follow
 ing through its premium yoga offering\, inclusive studio culture and stron
 g     local community engagement\n+ Well-presented 165sqm* building in an 
 established health & wellbeing hub\, adjoining Goodlife Health Hub (90+ lo
 cations) & Studio Pilates (120+ locations)\n+ Located in a premier metro B
 risbane retail precinct\, directly across from Ashgrove Shopping Village\,
  anchored by Woolworths\, Coles & Aldi and supported by 30+ specialty     
  retailers\n+ Surrounded by a premium metro Brisbane residential catchment
 \, with 240\,000+ residents and 97\,000+ dwellings within a 5km* (10 minut
 e) radius\, supporting the strong             trade of the tenant^\n+ Ashg
 rove: Highly affluent Brisbane Suburb with a median housing price of $2\,0
 00\,000\, 120% above the Australia average^^\n+ Brisbane: home of the 2032
  Olympics & third largest city in Australia\, with a population forecast t
 o grow by 28% to 3.288 million residents by 2035^^^\n+ Net Income: $43\,95
 8 pa* + GST \n\nTo be sold via Portfolio Auction\n10:30am AEST Thursday 29
  October 2026\nLevel 3\, Waterfront Place\, Brisbane City\n\nPlease contac
 t the exclusively appointed sales team for more information.\n\n*Approx\n^
 GapMaps \n^^Realestate.com\n^^^QLD Gov
DTEND:20261029T113000
DTSTAMP:20261002T045908Z
DTSTART:20261029T103000
LOCATION:Level 3\, 1 Eagle St\, Brisbane
SEQUENCE:0
SUMMARY:Auction: 224 Waterworks Road\, Ashgrove QLD
UID:CRE-2021206747-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>Premium Entry-Level Investment | Metr
 o Brisbane Freehold Opposite Woolworths <br/> CBRE is pleased to exclusive
 ly offer to the market 224 Waterworks Road\, Ashgrove QLD 4060\, for sale 
 via Investment Portfolio Auction 188. <br/>  <br/> This opportunity has th
 e following investment highlights: <br/>  <br/> + Five (5) year lease to U
 nplugged Yoga to 2029\, plus one (1) further five (5) year option to 2034 
 <br/> + Highly desirable\, fixed 3% annual rental increases\, guaranteeing
  strong rental growth <br/> + Contracted rental uplift of $12\,287 with th
 e current landlord-funded rental abatement expiring in February 2028\, inc
 reasing income to the full-face rental <br/> + Lease supported by a person
 al guarantee and a three (3) month security deposit\, providing additional
  security and enhanced income protection for investors <br/> + Tightly hel
 d 304sqm* freehold Ashgrove site with direct frontage to Waterworks Road\,
  a major Brisbane thoroughfare that connects Northwestern suburbs to the C
 BD       (160\,000+ vehicles passing daily) <br/> + Unplugged Yoga: a resp
 ected lifestyle and wellness tenant\, attracting a dedicated customer foll
 owing through its premium yoga offering\, inclusive studio culture and str
 ong     local community engagement <br/> + Well-presented 165sqm* building
  in an established health & wellbeing hub\, adjoining Goodlife Health Hub 
 (90+ locations) & Studio Pilates (120+ locations) <br/> + Located in a pre
 mier metro Brisbane retail precinct\, directly across from Ashgrove Shoppi
 ng Village\, anchored by Woolworths\, Coles & Aldi and supported by 30+ sp
 ecialty      retailers <br/> + Surrounded by a premium metro Brisbane resi
 dential catchment\, with 240\,000+ residents and 97\,000+ dwellings within
  a 5km* (10 minute) radius\, supporting the strong             trade of th
 e tenant^ <br/> + Ashgrove: Highly affluent Brisbane Suburb with a median 
 housing price of $2\,000\,000\, 120% above the Australia average^^ <br/> +
  Brisbane: home of the 2032 Olympics & third largest city in Australia\, w
 ith a population forecast to grow by 28% to 3.288 million residents by 203
 5^^^ <br/> + Net Income: $43\,958 pa* + GST  <br/>  <br/> To be sold via P
 ortfolio Auction <br/> 10:30am AEST Thursday 29 October 2026 <br/> Level 3
 \, Waterfront Place\, Brisbane City <br/>  <br/> Please contact the exclus
 ively appointed sales team for more information. <br/>  <br/> *Approx <br/
 > ^GapMaps  <br/> ^^Realestate.com <br/> ^^^QLD Gov</P></body></html>
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