Offered for sale for the first time since new, this group titled investment offers the successful purchaser an opportunity to secure a foothold in one of Brisbane's most sought-after retail showroom precincts. Located in arguably the heart of Redland Bay Road, and surrounded by a plethora of national brands, this well-maintained property is an outstanding addition to any portfolio.
Having occupied the premises since new, Forty Winks have proven to be a consistent performer. As part of a national network, Forty Winks are constantly engaged in broad-spectrum marketing programs and ensure the presentation of their store is kept to the highest possible standard.
The quality of this property, the strength of the lease and the opportunity for future rental growth should attract your attention. We look forward to welcoming your interest in 5/123 Redland Bay Road, Capalaba.
* 747m²* air-conditioned retail showroom
* 5 + 5 + 5-year lease to a nationally branded retailer, Forty Winks
* Current nett rent $181,072.80 PA
* Rear roller door access to warehouse
* Self-contained amenities
* Incredible exposure and signage
For Sale by Expressions of Interest Closing 18 November 2021, 4pm
This property is being sold by auction or without a price and therefore a price guide cannot be provided.
*Approximately
