Leased Investment - Brand new 5 year lease

RWC Queensland is pleased to exclusively offer for sale 18/145 Racecourse Rd, Ascot for sale by Public Auction on Thursday 21 March 2024 at 3pm (AEST), to be held in-rooms at Lvl 26, 111 Eagle Street, Brisbane QLD 4000.

This is an exceptional entry level leased investment opportunity in one of the most prestigious suburbs in Brisbane. A well presented 52 sqm* tenancy with a new five (5) year lease with a five (5) year option until 2034.

Key investment highlights:

• Secure 5 year lease plus 5 year option to January 2034
• Fixed 4% annual rent increases
• Tenant pays 100% outgoings
• Well presented 52sqm* ground floor tenancy
• Located at the top of one of Brisbane's premier high streets
• Ample on site car parking at the rear
• 150m* to Eagle Farm Racecourse entry
• 250m* to Coles
• 450m* to Ascot Train Station
• 1.4km* to Portside Wharf and future Brisbane Olympics Games Athletes Village
• 5km* to Brisbane CBD
• Close proximity to some of Brisbane's best dining, retailers and boutiques
• Affluent demographic with median family income 60%^ higher than QLD average
• Net Income: $52,000 per annum plus GST

Please contact the marketing agents for further information. This property will be sold at auction.

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