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90-112 Coonan Street Indooroopilly QLD 4068

  • Retail
  • 4,424 m²
  • For Sale, Contact Agent

Inner City Bunnings With Significant Upside

    4,424sqm* multi tenanted retail centre anchored by Bunnings Warehouse (ASX:WES)
    Surplus land and leasing potential create immediate value add opportunity
    Elevated 4,657sqm* site located 5.6km* southwest of the Brisbane CBD, with favorable mixed use zoning permitting development up to 20 storeys**
    High profile location in immediate proximity to Indooroopilly Shopping Centre (180m*) and Indooroopilly Train Station (35m*)
    Fully leased net income of $1,138,266* per annum with 61%* of passing income underpinned by Bunnings with options to 2046
    *Approx.
    **Subject to Council approval

    For Sale via Expressions of Interest closing 5 March 2020 at 4:00pm (AEST).

    Property Highlights

    Property ID2016058607
    Floor Area4,424 m²
    Land Area4,657 m²
    EnergyAsk Agent
    ParkingOn site parking available
    Building TypePartial building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  6 Feb 2020
    Map for 90-112 Coonan Street Indooroopilly QLD 4068
    Map for 90-112 Coonan Street Indooroopilly QLD 406890-112 Coonan Street Indooroopilly QLD 4068
    JLL - Brisbane
    Level 39 Central Plaza One, 345 Queen Street Brisbane City QLD 4000

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