* Motivated sellers seeking new contract by close of 2018
* Rock N Roll Marketplace operating for over 30 years
* Three experienced, long-standing tenants, providing robust tenant mix
* Full suite of new 5x5x5 year leases underpinning asset (4yrs remain)
* Approximate net income of $291,400 pa + GST with fixed increases
* NLA of approx. 722m2 (inc awnings) with 10 car parks at rear
* Left hand side outbound corner site of 1476m2 with strong visibility
* Excellent street parking directly in front of complex and off side street
Arguably one of Greenslopes most well-known retail assets the Rock N Roll Marketplace is being offered to the market by fixed price. This premium asset offers a unique multi-tenant retail investment opportunity with three longstanding tenants who work cohesively to provide a one stop fresh produce shop for the community.
Greenslopes and Stones Corner are going through a significant gentrification period with multiple national tenants now located in the area. Being only four radial klms to the CBD, multiple residential towers have been, or are under construction, increasing the already strong local catchment. The Seymour group has recently invested over $27m securing a 7500m2 site which is ear marked for a mixed-use development with over 450 apartments.
Contact the exclusive agent, Aron Burtenshaw, to secure this outstanding freehold marquee investment asset.
