Bonney Place Shopping Centre is an 829sqm* medical and retail investment with a defensive mix of medical, retail and office tenants. 318 Junction Road, Clayfield has been anchored since its construction in 1988 by Junction Road Family Practice, which today has 11 GP’s and an internal QML Pathology clinic.
“72 per cent of the gross income is underpinned by four medical tenants, which makes for a truly defensive income profile,” said Mr O’Keeffe. “Demand for Australian healthcare services is only continuing to grow which should give investors absolute confidence in the future of this centre.”
The centre is located on a trophy 2,516sqm* corner landholding in the blue-chip Brisbane suburb of Clayfield. 6km* North of the CBD, the centre is just 100m* from one of Brisbane’s busiest train stations (Eagle Junction) and offers 44 on-site parking bays, giving customers and patients an unrivalled level of convenience.
“With such a rich history, outstanding convenience, and a trophy corner landholding, it is no wonder this centre has been so tightly held,” Mr Feltoe said, “And it will be no surprise if it is another 22 years before anyone has the chance to acquire this centre, so we anticipate it will be a hotly contested Auction.”
318 Junction Road, Clayfield will be auctioned on Friday 3 October, 9:45am (AEST) at Level 26, 111 Eagle Street, Brisbane City.
