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Kelly & Co Property - Brisbane

2-4 University Drive Meadowbrook, QLD 4131

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2-4 University Drive,
Meadowbrook, QLD 4131

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Kelly & Co Property - Brisbane
Pat Kelly

Kelly & Co Property - Brisbane

Level 12, 324 Queen Street
BRISBANE CITY, QLD 4000
04122444...
Kelly & Co Property - Brisbane
2-4 University Drive
Meadowbrook, QLD 4131

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Trophy Retail Investment – Landmark Corner Anchored by Hungry Jack’s & Oporto

  • One of Brisbane’s busiest corners
  • Anchored by Hungry Jack’s & Oporto
  • Net Income: $333,989 pa + GST
Hungry Jack’s: leased until 2022 + options to 2037 paying 57% of net income
Oporto: leased until 2022 + options to 2044 paying 21% of net income
Solid tenancy mix includes restaurant and hairdresser
One of Brisbane’s busiest corners and close to Logan Hospital, Motorway and University
Corner site with large landholding of 3,313 sqm
Lettable area: 474 sqm
Tenants pay all outgoings, excl. Land Tax, as per leases
Net Income: $333,989 pa + GST

Asking Price: $5,200,000 Yield: 6.4%

Property ID: 503002970Last Updated: 17 May 2019

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Kelly & Co Property - Brisbane
Level 12, 324 Queen Street
BRISBANE CITY, QLD 4000

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