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Brassall QLD 4305

  • Shop & Retail
  • 1,512 m²
  • For Sale, $7,800,000 (GST na)

Sub $8 million shopping centre!

    90-96 Pine Mountain Road Brassall offers:

    - An investment property positioned on a highly trafficked street with an out-bound corner position in Queensland's fastest growing city;

    - An investment size and a NET return which far exceeds that of residential property or fixed interest - ideal for long term investment;

    - Several exit strategies such as breaking the title into smaller investments (STCA), future site amalgamation with adjoining owners and possibly redevelopment;

    - A central position in a long-established growing trade-area of some 11,000 residents with exposure to substantial vehicular and footpath traffic;

    - Comprising 14 tenancies, many with a long term history in the centre, the subject centre provides substantial income stability through the tenant quantity and tenant diversity - losing one of the tenants won't decimate the income stream;

    - Rent levels which allow for substantial future income growth and which provide long term tenant stability as reflected by the lack of rental arrears;

    - Having been recently refurbished, the subject centre requires little (if any) capital expenditure;

    - Income growth through converting current gross leases to future net leases.

    Supermarket - Brisbane - SEQ - Shopping Centre - Growth - Investment - Tenanted Investment - Cafe - Queensland - Shop Front - Qld - Takeaway - Kitchen - Food - Grease Trap - Storefront - Salon

    Property Highlights

    Property ID2014745883
    Floor Area1,512 m²
    Land Area5,200 m²
    Parking80 x Onsite parkings
    Annual ReturnAsk Agent
    Last updated  21 Jul 2020
    Map for Brassall QLD 4305
    Map for Brassall QLD 4305Brassall QLD 4305
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    Ray White Commercial (QLD)
    Level 26 111 Eagle St Brisbane City QLD 4000

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