Brisbane Shopping Centre with Catchment Monopoly

Ray White Retail are proud to present Ney Road Shopping Centre at 76-84 Ney Road, Capalaba (Brisbane), QLD. For sale

|What|
• Convenience-based 1,181sqm* Brisbane shopping centre
• High profile 4,942sqm corner landholding with low (24%) site coverage
• Proven tenancy mix which includes a Friendly Grocer, Dentist, Liquor Legends and Pharmacy
• Low maintenance investment with all tenants on net leases
• Defensive 3.28 Year WALE
• Estimated Fully Leased Net Income of $595,478* + GST p.a.

|Where|
• Excellent exposure with 199m* of frontage across three streets and over 134,400 vehicles weekly
• 60 on-site car parks (1:20sqm* building area)
• Essential bayside Brisbane precinct, 18km* East of the Brisbane CBD

|Why|
• The only shopping centre & grocery offering within a 2km* radius
• Servicing a captive catchment of over 15,600 people
• Over two-thirds of the centre is leased to essential service and everyday tenants
• 64% of tenants have occupied at the centre for a decade or longer, with one dating back to 2001
• Affordable Brisbane retail rents, averaging $540/sqm*

*Approximately

Explore the area

View in Google Maps

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.