3 PRIME BRISBANE METROPOLITAN RETAIL INVESTMENTS INTEGRATED WITH THE MILTON RAILWAY STATION - SITUATED ONLY 1KM FROM THE CBD
AUSTRALIA POST
Lease Term: 10 years
Options: 2 x 5 years
NLA: 203sqm
Net Rental: $154,193 p.a
BWS
Lease Term: 5 years
Options: 4 x 5 years
NLA: 219sqm
Net Rental: $104,177 p.a
RIBS & RUMPS
Lease Term: 10 years
Options: 10 years
NLA: 434 sqm
Net Rental: $331,899 p.a
Centrally located just 1km from the Brisbane CBD, integrated with the Milton Railway Station and positioned in close proximity to Suncorp Stadium, the XXXX Brewery, and the Park Road high street retail dining precinct.
Located within a densely populated residential growth corridor with an estimated 1,795 units recently completed and a further 690 units planned showing strong population growth projections of 16%* by 2031.
Highly sort after trophy investments underpinned by some of Australia's most recognized retailers, strategically located in one of Brisbane's most popular inner-city precincts, rarely offered in todays market.
Secure long-term leases underpinned by national retailers with annual increases up to 3.5% p.a along with significant depreciation benefits offering a tax effective income stream and high growth income profile.
Affluent trade area with household incomes 26% higher than the Brisbane average. Strong food and beverage spending represents a 56% premium compared to the Brisbane average.
Perfect entry level investments for SMSF and passive investors looking to capitalise on a low debt environment and secure investments with strong covenants and annuity style returns.
*Approx.
Video: https://cbre.qumucloud.com/view/jk82ed3RHuqejdIOXHLnXc#/
FOR SALE INDIVIDUALLY BY WAY OF AUCTION ON WEDNESDAY 25TH AUGUST 2021 AT 11AM (AEST).
VENUE: WATERFRONT PLACE
LEVEL 31, DEXUS PLACE (1 EAGLE STREET BRISBANE)
