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228-254 Wynnum Road Norman Park QLD 4170

  • Shop & Retail
  • 2,057 m²
  • Expressions of Interest

ASX TENANT**, LONG LEASE FUTURE RE-DEVELOPMENT SITE

  • Fully Leased Investment
  • 3 Radial Kilometres to the CBD
  • 2,853m2 Site with 2 Main Road Frontages

Blue Commercial are excited to offer this amazing property investment for sale via Expressions of Interest closing at 4.00pm, Wednesday - 9 June 2021.

The property is fully leased and has tremendous future redevelopment prospects.

Key features include:

- National and international tenants (91% of rental income)
- Long term leases
- $566,964 p.a. gross rent
- 2,853m2 site - current zoned LMR2
- Improvements total 2,057m2*
- 50 carparks
- 2 main road frontages - 78 metres* to Wynnum Road / 33.4 metres* to Balmoral Street
- 4 lots and 4 titles
- One disused building - further potential income
- Just 3 radial kilometres east of the Brisbane CBD
- Prestigious location adjoining Hawthorne, Bulimba, East Brisbane and Morningside
- Highly exposed position

For further information, please contact Exclusive Marketing Agents - Blue Commercial.

* Approx.
** The tenant company is wholly owned by Viva Leisure Limited (an ASX listed entity)

EXPRESSION OF INTEREST

Closing date and time09/06/2021 16:00
Recipient nameAsk Agent
Delivery addressAsk Agent
Tony Pagano
Blue Commercial
Tony Pagano
Blue Commercial

Property Highlights

Property ID2016989049
Floor Area2,057 m²
Land AreaAsk Agent
EnergyAsk Agent
Parking50 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  19 May 2021
Map for 228-254 Wynnum Road Norman Park QLD 4170
Map for 228-254 Wynnum Road Norman Park QLD 4170228-254 Wynnum Road Norman Park QLD 4170
Tony Pagano
Blue Commercial
Tony Pagano
Blue Commercial

Property Highlights

Property ID2016989049
Floor Area2,057 m²
Land AreaAsk Agent
EnergyAsk Agent
Parking50 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  19 May 2021
Blue Commercial
Level 4, 89 Mclachlan Street Fortitude Valley QLD 4006
Tony Pagano
Blue Commercial
Tony Pagano
Blue Commercial
Tony Pagano

Tony Pagano

Blue Commercial

0408 *** ***
0408 721 665

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