Added 3 days ago
Retail, Commercial and Childcare Complex, 255-257 Gympie Road,
Kedron, QLD 4031
Shops & Retail
Added 3 days ago
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
Private inspections
to arrange a private inspection.
Savills - Brisbane
Level 33, Riverside Centre, 123 Eagle StreetBRISBANE CITY, QLD 4000
Retail, Commercial and Childcare Complex, 255-257 Gympie Road
Kedron, QLD 4031
Map of Retail, Commercial and Childcare Complex, 255-257 Gympie Road
Train stations within 5 km of Retail, Commercial and Childcare Complex, 255-257 Gympie Road, Kedron, QLD 4031 Distance Wooloowin Station 1.7 km Eagle Junction Station 1.8 km Albion Station 2.5 km Toombul Station 2.5 km Clayfield Station 2.6 km POWERED BY HERE ©Bus stops within 5 km of Retail, Commercial and Childcare Complex, 255-257 Gympie Road, Kedron, QLD 4031 Distance Gympie Rd at Sadlier Street 63 m Leckie Rd Near Sadlier St 171 m Leckie Rd Near Sixth Ave 197 m Leckie Rd Near Fifth Ave 312 m Gympie Rd at Cremorne Rd 349 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
- 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 - BrisbaneLevel 33, Riverside Centre, 123 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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