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180 Westlake Drive Westlake QLD 4074

  • Shop & Retail
  • 1,657 m²
  • For Sale, For Sale by Expressions of Interest

Dynamic Mix of Retail, Professional and Service Tenants

  • Dual Anchored Convenience Retail Centre
  • Limited Competition
  • Affluent western Brisbane Location

The Hub Convenience Centre comprises a single level retail convenience centre dual anchored by an IGA Supermarket and Rackley Swimming and is supported by 9 specialty tenants with a total net lettable area of 1,667sqm*. The complex incorporates a dynamic mix of retail, professional and service tenants including an IGA Supermarket, Rackley Swim School, Dentist, Thai, Indian, Japanese and Italian restaurants and F45 Fitness Centre. The Centre features a long lease expiry profile (WALE) of over 7.7* years by income.

The Hub Convenience Centre is located in Brisbane's affluent western suburbs in the established suburb of Westlake, 14* radial kilometres south-west of the Brisbane CBD. The centre is situated in the heart of an established residential precinct and occupies a high profile corner position with extensive frontages to Westlake Drive and Penong Street. The complex benefits from an insulated trade area with limited direct competition, underwriting the future trading performance of the centre.

Key highlights include:

- Dual anchored convenience centre
- Long lease profile and income security
- Rental growth
- Limited competition
- Affluent western Brisbane location
- Net annual income: $678,902*

*Approximate

The property is for sale by Expressions of Interest closing 4pm Thursday 20 May 2021

Jon Tyson
Savills Brisbane
Jon Tyson
Savills Brisbane
Michael Harcourt
Savills Brisbane
Michael Harcourt
Savills Brisbane

Property Highlights

Property ID2016950593
Floor Area1,657 m²
Land Area2,848 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  21 Apr 2021
Map for 180 Westlake Drive Westlake QLD 4074
Map for 180 Westlake Drive Westlake QLD 4074180 Westlake Drive Westlake QLD 4074
Jon Tyson
Savills Brisbane
Jon Tyson
Savills Brisbane
Michael Harcourt
Savills Brisbane
Michael Harcourt
Savills Brisbane

Property Highlights

Property ID2016950593
Floor Area1,657 m²
Land Area2,848 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  21 Apr 2021
Savills Brisbane
Level 33, Riverside Centre, 123 Eagle Street Brisbane City QLD 4000
Jon Tyson
Savills Brisbane
Jon Tyson
Savills Brisbane
Michael Harcourt
Savills Brisbane
Michael Harcourt
Savills Brisbane
Jon Tyson

Jon Tyson

Savills Brisbane

Michael Harcourt

Michael Harcourt

Savills Brisbane

0424 *** ***
0424 506 124

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