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5 Peter Way
Berrinba QLD 4117
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CBRE Brisbane

5 Peter Way Berrinba QLD 4117

  • Shop & Retail
  • 2,260 m²
  • For Sale, $14,250,000 (excl. GST)

Berrinba Central - A new long-wale investment in strategic growth corridor

  • Long 8.7 year WALE (by income)
  • Significant depreciation benefits
  • Ultimate government backed investment

CBRE is pleased to present to market Berrinba Central.

Diverse income profile underpinned by The Queensland Government (48% income and 8 year lease), and further complemented by Lifeline (8 years), Little Snappers Swim School (10 years) and Childcare (15 years).
Recently completed to service the rapidly growing catchment, the asset offers significant depreciation benefits and a tax effective income stream.
Located within the $45mil+ De Luca built Berrinba Central development, the property sits alongside several international and national tenants, including McDonalds & KFC
The continual supply constraints and rise in construction prices places this asset below replacement costs.
Located 24km* south of the Brisbane CBD in the heart of the Logan Catchment, the fastest growing Local Government Area in Queensland, with a growth rate of 4.1% p.a. Berrinba is supported by some of the fastest growing SEQ suburbs including Browns Plains, Marsden, Crestmead and Regents Park.**
Net Income $882,000^ + per annum

Berrinba Central is For Sale via immediate offers to purchase.

For further information on this opportunity, please reach out to sales and marketing agent.

*Approximate. ^As at 1 August 2024. **

CBRE Brisbane
CBRE Brisbane
Waterfront Place, Level 3 1 Eagle Street
Brisbane City, QLD 4000

Property Highlights

Floor Area2,260 m²
Land AreaAsk Agent
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019427630
Category
Last updated  30 Oct 2024
Map for 5 Peter Way Berrinba QLD 4117
CBRE Brisbane
CBRE Brisbane
Waterfront Place, Level 3 1 Eagle Street
Brisbane City, QLD 4000

Property Highlights

Floor Area2,260 m²
Land AreaAsk Agent
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019427630
Category
Last updated  30 Oct 2024

More about 5 Peter Way Berrinba QLD 4117

5 Peter Way Berrinba QLD 4117 is categorized as Shop & Retail Property. It has a floor area of 2,260 m². The listing ID for this property is 2019427630.

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