Entry-Level Brisbane Retail Centre| Passive 3.96 Year WALE

RWC Retail are proud to present 264 Rode Road, Wavell Heights. For Sale by Auction on Friday 29th November, 9:45am (AEST) at Level 26, 111 Eagle Street, Brisbane City.

|What|
• Fully leased 220sqm* retail centre with just three tenants
• True set and forget investment that ticks every box
• Strong 3.96 year WALE
• Passive net leases, with tenants paying for all the usual outgoings
• Fully Leased Net Income of $120,452 + GST p.a.

|Where|
• Prominent corner land parcel with exposure to over 172,000 vehicles weekly
• Positioned in the heart of Wavell Heights, just 8km* from the Brisbane CBD,
• Located at the intersection of two major roads, in close proximity to 3 schools and major retail & medical precincts

|Why|
• Landlord favourable annual rent increases of CPI and 4%
• Longstanding tenant history, with two tenants occupying for over 16 years
• An affordable, low-maintenance property makes this an ideal entry-level investment
• High profile corner with outstanding positioning on a busy intersection between two major roads.
• 6 on-site parking bays, providing convenient customer access

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.