16 Kerry Road Acacia Ridge QLD 4110

Shop & Retail
250 m²
Sold

Blue Chip Freehold Bank Investment

Net Income $92,710 p.a*
New 4- year lease
250m² of NLA

Colliers International is pleased to offer For Sale via Public Auction, a Commonwealth Wealth Bank of Australia freehold investment within the thriving Acacia Ridge commercial and retail precinct.

The Public Auction will be held in-rooms at Colliers International, Level 30, 111 Eagle Street, Brisbane City on Wednesday 4 March 2020 at 11am.

Key features of the investment are:

Leased to Top ASX Listed Company (by Market Cap)
New 4-year lease with 2 x 3 year options
Tenant pays all outgoings except land tax
Net income $92,710 per annum*
Optimal bank size 250m²* NLA
Prominent 1,321m² freehold site
23 onsite car parks (1:10m²* ratio)
Main road corporate exposure to busy Beaudesert and Kerry Road intersection
Capitalise on record low interest rates

For a copy of the Information Memorandum or to arrange an inspection, please contact the exclusive selling agents at Colliers International today.