Sold
100 Tingal Road,
Wynnum 4178, Queensland
Price withheld
Property details
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Agents
Buyers Work Up A Sweat For Gym Anchored Retail Investment
Ray White Retail are proud to present 100 Tingal Road, Wynnum (Brisbane), QLD. For sale by Auction on Friday 26th September 2025, 9:45am (AEST) at Level 26, 111 Eagle Street, Brisbane City
|What|
• Set & forget 562sqm* retail investment leased to just two tenants
• Two global brands - Pizza Hut & Jetts - with leases to 2034 and 2032
• Ultra-secure 7.31 Year WALE
• 18 adjoining council car parks & street parking directly in front of the property
• Fully leased net income of $206,224 + GST p.a.
|Where|
• 14km* East of the Brisbane CBD
• In the heart of the bayside suburb of Wynnum with a strong 15,428 population
• Less than 150m* to key traffic generating amenities including a train station, Coles, Woolworths & Chemist Warehouse
• Wynnum has been identified as a priority Suburban Renewal Precinct, set to generate further growth
|Why|
• 8 storey development upside
• Unchanged tenancy mix for the past 13 years, with Pizza Hut & Jetts leasing since 2004 and 2012 respectively
• Landlord-favourable reviews with 3.5% & 3% fixed annual increases
• Rental growth upside with existing base rents of $360/sqm* and $550/sqm*
• All usual outgoings recoverable
• First time offered to market in almost 20 years
* Approximately
|What|
• Set & forget 562sqm* retail investment leased to just two tenants
• Two global brands - Pizza Hut & Jetts - with leases to 2034 and 2032
• Ultra-secure 7.31 Year WALE
• 18 adjoining council car parks & street parking directly in front of the property
• Fully leased net income of $206,224 + GST p.a.
|Where|
• 14km* East of the Brisbane CBD
• In the heart of the bayside suburb of Wynnum with a strong 15,428 population
• Less than 150m* to key traffic generating amenities including a train station, Coles, Woolworths & Chemist Warehouse
• Wynnum has been identified as a priority Suburban Renewal Precinct, set to generate further growth
|Why|
• 8 storey development upside
• Unchanged tenancy mix for the past 13 years, with Pizza Hut & Jetts leasing since 2004 and 2012 respectively
• Landlord-favourable reviews with 3.5% & 3% fixed annual increases
• Rental growth upside with existing base rents of $360/sqm* and $550/sqm*
• All usual outgoings recoverable
• First time offered to market in almost 20 years
* Approximately
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Contact Michael Feltoe
Contact Michael Feltoe
Michael Feltoe
100 Tingal Road, Wynnum QLD 4178
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Michael Feltoe
100 Tingal Road, Wynnum QLD 4178