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Savills - Brisbane

Retail, Commercial and Childcare Complex, 255-257 Gympie Road Kedron, QLD 4031

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Retail, Commercial and Childcare Complex, 255-257 Gympie Road,
Kedron, QLD 4031

Shops & Retail

Price information

Sale - Expression of Interest closing Thu 14 Nov

For Sale by Expressions of Interest

Key property information

Land area

Floor area

Car spaces

Parking info

Property extent

Tenure type

NABERS

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$1,750,427
Number of Tenants
7 Tenants
Tenants / Type
Retail, Commercial and Childcare

Expression of Interest

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Savills - Brisbane
Gregory Woods
Peter Tyson

Savills - Brisbane

Level 33, Riverside Centre, 123 Eagle Street
BRISBANE CITY, QLD 4000
Savills - Brisbane
Retail, Commercial and Childcare Complex, 255-257 Gympie Road
Kedron, QLD 4031

Map of Retail, Commercial and Childcare Complex, 255-257 Gympie Road

Directions
  • Train stations within 5 km of Retail, Commercial and Childcare Complex, 255-257 Gympie Road, Kedron, QLD 4031Distance
    Wooloowin Station1.7 km
    Eagle Junction Station1.8 km
    Albion Station2.5 km
    Toombul Station2.5 km
    Clayfield Station2.6 km
    POWERED BY HERE ©
  • Bus stops within 5 km of Retail, Commercial and Childcare Complex, 255-257 Gympie Road, Kedron, QLD 4031Distance
    Gympie Rd at Sadlier Street63 m
    Leckie Rd Near Sadlier St171 m
    Leckie Rd Near Sixth Ave197 m
    Leckie Rd Near Fifth Ave312 m
    Gympie Rd at Cremorne Rd349 m
    POWERED BY HERE ©
POWERED BY HERE ©

FOR SALE – 100% LEASED RETAIL, COMMERCIAL & CHILDCARE COMPLEX, KEDRON, INNER BRISBANE, QLD

  • 100% Leased – Diverse Tenancy Mix
  • Income Security and Strong Rental Growth
  • Future Value-Add Potential
Key highlights include:

- Mixed-Use Retail, Commercial and Childcare Centre Complex - Substantial complex comprising four (4) freestanding buildings with a broad mix of uses totalling 4,578sqm.

- 100% Leased to Diverse Tenancy Mix - Fully leased to a diverse mix of seven (7) tenants, including C&K Childcare & Kindergarten group’s head office and training facility and a 100 place Childcare Centre, as well retail showrooms leased to Dulux (paints) and Hello Mobility (disability equipment), and three (3) other office tenancies.

- High Profile Inner-Brisbane Location - Located on Gympie Road with exposure to over 23.3 million cars annually, in Kedron only 6.5km from the Brisbane CBD.

- Income Security & Strong Rental Growth - Strong WALE of over 5 years with built-in rental growth ranging from 3% to 4% annually.

- Land Rich Holding with Strong Embedded Real Estate Value - Large strategic land-rich site of 8,909sqm with substantial built-form. Well below current day replacement cost.

- Flexible Zoning and Future Value-Add Potential - The property features flexible mixed-use zonings which provides for future redevelopment options. Flexible exit strategies also exist.

- Net Income: $1,750,427p.a. (estimate)

Note: All areas, distances, amounts and measurements referenced above are approximate only and not to be relied upon.

For Sale by Expressions of Interest closing 3pm (QLD time) Thursday, 14 November 2024

Property ID: 504713416Last Updated: 16 Oct 2024

Savills - Brisbane
Level 33, Riverside Centre, 123 Eagle Street
BRISBANE CITY, QLD 4000

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