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1 Enterprise Way Browns Plains QLD 4118

  • Retail
  • 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*
*Approx.

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 time19/03/2020 14:00
Auction locationCushman & Wakefield Sydney Office - Level 22, 1 O'Connell Street, Sydney

Property Highlights

Property ID2016077411
Floor Area1,080 m²
Land Area2,364 m²
Parking24 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  17 Feb 2020
Map for 1 Enterprise Way Browns Plains QLD 4118
Map for 1 Enterprise Way Browns Plains QLD 41181 Enterprise Way Browns Plains QLD 4118
Cushman & Wakefield Brisbane
Level 11, 123 Eagle Street Brisbane City QLD 4000

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