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588 Redbank Plains Road Redbank Plains QLD 4301

  • Shop & Retail
  • 1,613 m²
  • For Sale, CONTACT EXCLUSIVE AGENT

A SUPER PRIME LONG-ESTABLISHED TRAVEL CENTRE INVESTMENT OFFERING

  • Defensive and Resilient Income Profile
  • 9.09 year WALE
  • GLA: 1,613sqm + 5,227sqm* licence area

Blue-chip retail investment strategically positioned in one of Australias fastest growing residential corridors 5.2% per annum above the Queensland average
Anchored by Australias best-in-class retailers: Ampol (formerly Caltex), Carls Junior, Krispy Kreme and Zarraffas, with the balance of retailers complementing the centre and offering a truly defensive and diverse income profile
Attractive investment security underpinned by an 9.09-year WALE along with corporate store guarantees
Extensive residential development within the immediate catchment (6,000 lots within 2 km) continue to offer significant retail expenditure and discretionary spends
Strategically located on a major arterial that has direct access to some of Queenslands largest growth pockets
Convenience and accessibility at the forefront, positioned at a 4-way signalised intersection and offering on-grade parking for 124 vehicles
Expansive and prominent land holding occupying a corner lot of 1.53 hectares providing a 156-metre frontage to over 7.8 million cars annually *
High, Certain income growth along with favourable net lease structures providing a minimum of 3.0% YOY
Near-new building offering strong depreciation benefits and a tax-effective income stream
Fully Leased Net Income: $1,476,779 *
* approx.
FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING 11TH MARCH 2021 AT 4PM.

Property Highlights

Property ID2016790668
Floor Area1,613 m²
Land Area1.53 ha
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  16 Feb 2021
Map for 588 Redbank Plains Road Redbank Plains QLD 4301
Map for 588 Redbank Plains Road Redbank Plains QLD 4301588 Redbank Plains Road Redbank Plains QLD 4301

Property Highlights

Property ID2016790668
Floor Area1,613 m²
Land Area1.53 ha
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  16 Feb 2021
CBRE Brisbane
Waterfront Place, Level 3 1 Eagle Street Brisbane City QLD 4000

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