Auction
3107/22-32 Eastern Road,
Browns Plains 4118, Queensland
Offers over $1,750,000
Property details
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Agents
Entry-Level Retail Investment in Brisbane Growth Corridor
Ray White Retail are proud to present 3107/22-32 Browns Plains, for sale offers over $1,750,000.00
|What|
• Rare entry-level Brisbane investment in the booming precinct of Logan
• Fully leased 193sqm* multi-tenanted retail investment
• Set & Forget net leases with 100% of outgoings recovered from tenants, including land tax.
• Net Income of $97,797 + GST p.a.
|Where|
• Browns Plains sits within the major Logan growth corridor, which is tipped to reach almost 700,000 residents by 2046- growth of almost 70%
• 20km* South of the Brisbane CBD in a growing catchment.
• Positioned in the heart of a major retail complex, co-located with Bunnings, JB HI-FI and more, attracting over 8 million visitors annually.
• Walking distance to Browns Plains bus interchange, one of Logan's busiest public transport hubs
|Why|
• Ideal ground floor positioning with all tenants benefiting from strong street frontage
• 245 common property car parks located directly behind the property
• Rental growth potential with an average base rent of only $507/sqm*
• Strong tenancy mix of allied health and key retail offerings
• Body corporate covers building structure and common area, so minimal owner capex
*Approximately
|What|
• Rare entry-level Brisbane investment in the booming precinct of Logan
• Fully leased 193sqm* multi-tenanted retail investment
• Set & Forget net leases with 100% of outgoings recovered from tenants, including land tax.
• Net Income of $97,797 + GST p.a.
|Where|
• Browns Plains sits within the major Logan growth corridor, which is tipped to reach almost 700,000 residents by 2046- growth of almost 70%
• 20km* South of the Brisbane CBD in a growing catchment.
• Positioned in the heart of a major retail complex, co-located with Bunnings, JB HI-FI and more, attracting over 8 million visitors annually.
• Walking distance to Browns Plains bus interchange, one of Logan's busiest public transport hubs
|Why|
• Ideal ground floor positioning with all tenants benefiting from strong street frontage
• 245 common property car parks located directly behind the property
• Rental growth potential with an average base rent of only $507/sqm*
• Strong tenancy mix of allied health and key retail offerings
• Body corporate covers building structure and common area, so minimal owner capex
*Approximately
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Contact Pablo Routledge
Contact Pablo Routledge
Pablo Routledge
3107/22-32 Eastern Road, Browns Plains QLD 4118
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Pablo Routledge
3107/22-32 Eastern Road, Browns Plains QLD 4118