Share this property

realcommercial.com.au
RWC Retail

264 Rode Road Wavell Heights, QLD 4012

Directions

264 Rode Road,
Wavell Heights, QLD 4012

Shops & Retail • Offices • Medical & Consulting

Price information

Sale - Auction Thu 28 Nov

Auction 29 November 2024 9:45am

Key property information

Land area

Floor area

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$120,452
Number of Tenants
3 Tenants

Auction

Add to calendar

Private inspections

to arrange a private inspection.
RWC Retail
Lachlan O'Keeffe
Michael Feltoe

RWC Retail

level 26/111 Eagle Street
BRISBANE CITY, QLD 4000
RWC Retail
264 Rode Road
Wavell Heights, QLD 4012

Map of 264 Rode Road

Directions
  • Train stations within 5 km of 264 Rode Road, Wavell Heights, QLD 4012Distance
    Nundah Station2.1 km
    Toombul Station2.2 km
    Eagle Junction Station2.4 km
    Virginia Station2.5 km
    Sunshine Station2.7 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 264 Rode Road, Wavell Heights, QLD 4012Distance
    Pfingst Rd Near Rode Rd46 m
    Rode Rd at Pfingst - Warraba132 m
    Pfingst Rd Near Taylor St226 m
    Pfingst Rd Near Highcrest Ave253 m
    Pfingst Rd Near White St254 m
    POWERED BY HERE ©
POWERED BY HERE ©

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 property virtually

Video

If you'd like to inspect this property in person, please to arrange a private inspection.

Additional information

Property ID: 504727388Last Updated: 13 Nov 2024

RWC Retail
level 26/111 Eagle Street
BRISBANE CITY, QLD 4000

Make an enquiry

What's your enquiry about?

Enter your details

More properties from RWC Retail

Other properties you might be interested in based on the location and property type you are looking at.