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Cushman & Wakefield - Brisbane

19-21 Beverley Avenue Rochedale South, QLD 4123

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19-21 Beverley Avenue,
Rochedale South, QLD 4123

Medical & Consulting • Shops & Retail • Other

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Cushman & Wakefield - Brisbane

Cushman & Wakefield - Brisbane

Level 11, 123 Eagle Street
BRISBANE CITY, QLD 4000
07 3852 22...
Cushman & Wakefield - Brisbane
19-21 Beverley Avenue
Rochedale South, QLD 4123

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Rare 20 Year Net Lease - Strong Performing Brisbane Centre

  • Highly secure ratchet lease provisions
  • Minimum 3% annual rent increases
  • Net Income $210,000 pa + GST
Cushman & Wakefield are pleased to present to the market 19-21 Beverley Avenue, Rochedale South (Brisbane) for sale via Public Auction.

The property has the following key characteristics:

• Rare 20 year lease to 2039 + options
• Well established Centre with a formidable 10 year trading history and high levels of occupancy
• Well positioned centre with 3 street frontages and 130m to major thoroughfare Underwood Road
• Rochedale - Strong and growing residential suburb 17 kms south of Brisbane CBD
• Strategic position - 10 schools within 3 kms and close to IGA anchored Rochedale convenience centre
• Purpose built childcare centre licensed for 90 Long Day Care places with ample off-street parking
• Highly secure ratchet lease provisions - ensuring rent cannot decrease during life of lease
• Tenant pays all usual outgoings including Land Tax
• Minimum 3% annual rent increases
• Net Income $210,000 pa + GST

The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Thursday 22 August at 2pm at the Cushman & Wakefield Sydney Office, located on Level 22, 1 O’Connell Street, Sydney NSW 2000.

Prospective purchasers and interested parties will have access to remote bidding facilities in both Brisbane and Melbourne.

Should you have interest in bidding on the property from one of these locations, please liaise with the exclusive agents.

Property ID: 503267194Last Updated: 16 Oct 2019

Cushman & Wakefield - Brisbane
Level 11, 123 Eagle Street
BRISBANE CITY, QLD 4000
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