13 Year National Tenant Lease & 6 Storey Dev Upside

RWC Retail are proud to present Frankie4 Indooroopilly, QLD for sale by Immediate Offers to Purchase at $5,300,000

|What|
• Freestanding 535sqm* large format retail building
• Single-tenanted investment leased to national footwear brand Frankie4
• Secure 13-year net lease to 2029, with options to 2039
• Favourable MU3 Mixed-Use zoning (6-storey STCA)
• 11 on-site car parks
• 3% annual rental increases
• Net Income of $266,050 + GST p.a.

|Where|
• • High-profile 944sqm* main road land parcel with exposure to over 257,600 vehicles weekly
• Situated within Brisbane's leading retail precinct, just 6km* from the CBD
• 400 meters to Indooroopilly Shopping Centre
• Surrounded by all of Australia's major retail brands, driving significant traffic to the area
• In close proximity to numerous schools, train stations, hospitals and the University of Queensland

|Why|
• Head-office leased to Australia's premiere women's footwear label, stocked in 219 locations across Australia and New Zealand
• Ultra-passive investment, with all usual outgoings recoverable
• Robust tenant retention history, having been leased to Frankie4 since 2016
• First-class in-store experience, resulting in a 4.8 Star Google rating after 834 reviews (Frankie4 Indooroopilly)

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