1 Enterprise Way Browns Plains QLD 4118
- 1,080 m²
- Commercial Auction
Prime Freestanding Retail Investment Renewed 7 Year Lease
- Autobarn – 125 stores nationally
- Strategic retail hub location
- Net Income $223,534 pa + GST
Cushman & Wakefield are pleased to present to the market 1 Enterprise Way, Browns Plains (Brisbane) to be sold via Public Auction.
The property has the following key characteristics:
Renewed 7 year lease to 2026 plus option to 2033
Autobarn - Established national brand with 125 stores across Australia
High profile location with neighbours including $400m Vicinity Grand Plaza Shopping Centre, Harvey Norman Homemaker Centre, Bunnings, The Good Guys, JB Hi Fi & Spotlight
Browns Plains - Established retail hub 22 km from Brisbane CBD, trade catchment of 162,000+ people
Well configured 2,364 sqm* corner site with dual street access and 24 onsite car parks
Modern 1,080 sqm* building equipped with Autobarns latest store fit out
Lease secured by 3 month Bank Guarantee and Personal Guarantee
Net Income $223,534 pa + GST*
The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Thursday 19 March at 2pm AEDT at the Cushman & Wakefield Sydney Office, located on Level 22, 1 OConnell Street, Sydney NSW 2000.
Prospective purchasers and interested parties will have access to remote bidding facilities in both Brisbane and Melbourne.
Should you have interest in bidding on the property from one of these locations, please liaise with the exclusive agents.
|Auction date and time||19/03/2020 14:00|
|Auction location||Cushman & Wakefield Sydney Office - Level 22, 1 O'Connell Street, Sydney|
|Floor Area||1,080 m²|
|Land Area||2,364 m²|
|Parking||24 x Onsite parkings|
|Building Type||Whole building|
|Annual Return||Ask Agent|
|Last updated||17 Feb 2020|