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

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