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2-4 University Drive
Meadowbrook QLD 4131
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Sold on 5 Feb 2019

2-4 University Drive Meadowbrook QLD 4131

  • Shop & Retail
  • 3,313 m²
  • Sold

Trophy Retail Investment – Landmark Corner Anchored by Hungry Jack’s & Oporto

Hungry Jack’s: leased until 2022 + options to 2037 paying 57% of net income
Oporto: leased until 2022 + options to 2044 paying 21% of net income
Solid tenancy mix includes restaurant and hairdresser
One of Brisbane’s busiest corners and close to Logan Hospital, Motorway and University
Corner site with large landholding of 3,313 sqm
Lettable area: 474 sqm
Tenants pay all outgoings, excl. Land Tax, as per leases
Net Income: $333,989 pa + GST

Asking Price: $5,200,000 Yield: 6.4%

Property Highlights

Date Sold5 Feb 2019
Floor AreaAsk Agent
Land Area3,313 m²
ParkingAsk Agent
Property ID2014736029
Category
Last updated  5 Feb 2019
Map for 2-4 University Drive Meadowbrook QLD 4131

Property Highlights

Date Sold5 Feb 2019
Floor AreaAsk Agent
Land Area3,313 m²
ParkingAsk Agent
Property ID2014736029
Category
Last updated  5 Feb 2019
Level 24/324 Queen Street Brisbane City QLD 4000

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