Lachlan O'Keeffe and Michael Feltoe are proud to present for sale Two Sixty-Five Hawthorne - a brand new fully leased trophy asset in the tightly held Hawthorne Road Retail Precinct.
|What|
• New state-of-the art high street retail and dining centre directly adjacent to the historic Hawthorne Cinemas
• Fully leased to premium retail tenants including Nodo, Botanica Real Foods, Izakaya Haiiro (Japanese Restaurant) Flour & Bloom (Florist) and Paper Cup Coffee
• Further supported by a first floor office leased to Abode Property Management
• WALE of 3.56 Years (by income)
• Fully Leased Net Income of $319,902 + GST p.a.
|Where|
• Irreplaceable 1,211sqm* site in the heart of tightly held Hawthorne, just 3km* from the Brisbane CBD
• Over 30m* of street frontage to Hawthorne Road, one of two primary connections between the Hawthorne/Bulimba peninsula and the Brisbane CBD with exposure to over 121,000^ vehicles weekly
• Hawthorne is one of Brisbane's most prized and affluent suburbs, with a median house price of $1,840,000** and per capita income 71%^^ greater than the QLD median.
• Surrounded by significant traffic generating amenities in the Hawthorne Road and Oxford Street retail precincts, along with 6 prestigious schools within 1.5km*.
|Why|
• Ultra-rare opportunity to purchase in Hawthorne, with little to no commercial land available in the tightly held precinct.
• Brand new build offering significant depreciation benefits and a low maintenance asset for the incoming purchaser
• Proven tenancy mix with successful stores across some of Brisbane's premier suburbs including Bulimba, Newstead and Teneriffe
• Providing absolute convenience for locals and visitors alike with on-site parking available together with easy accessibility on foot
Auction will be held in rooms at
Level 26/111 Eagle Street, Brisbane QLD
