Sold

82 Bennetts Road,
Camp Hill 4152, Queensland

1,252m² land size
561m² building size
Retail

Price withheld


Property details

Fully Leased Inner-Brisbane Retail Centre | Exclusive Catchment

RWC Retail are proud to present 82 Bennetts Rd, Camp Hill QLD. For sale by Auction on Thursday 17th April, 9:45am (AEST) at Level 26, 111 Eagle Street, Brisbane City.

|What|
• Modern 561sqm* retail centre offered to the market for the first time in 30 years
• Fully leased to 7 tenants, with a proven & complimentary tenancy mix dating back over 20 years
• Set and forget investment, strong WALE of 2.54 years and core tenants who have occupied the centre for over 8 years
• Net Income of $348,722 + GST p.a.

|Where|
• Situated on a commanding 1,252sqm* corner land parcel with exposure to over 385,000 vehicles weekly
• In the affluent inner-Brisbane suburb of Camp Hill, only 4km* from the CBD
• Camp Hill has a median house price of $1.656 million, doubling since 2019
• Coveted suburb known for it's thriving local retail and hospitality options, with outstanding connectivity to some of Brisbane's busiest arterial routes.

|Why|
• Majority of tenants on 4% or CPI annual increases
• Strong tenant retention history with core tenants who have occupied the centre for over 8 years, this centre is a low maintenance, passive investment
• A loyal and captive catchment, with a median per capita income 54% above the Queensland benchmark
• 12 on-site parking bays, and convenient street parking providing convenient customer access

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