20 Stewart Road,
Ashgrove, QLD 4060
Shops & Retail • Medical & Consulting • Offices
Price information
Sold
$3,658,000
Key property information
Land area
Floor area
Tenure type
Sold on
RWC Retail
level 26/111 Eagle StreetBRISBANE CITY, QLD 4000
20 Stewart Road
Ashgrove, QLD 4060
Map of 20 Stewart Road
Fully Leased Brisbane Retail Centre | 5.22 Year WALE
RWC Retail are proud to present 20 Stewart Road, Ashgrove. For sale by Auction on Friday 30th August 2024, 9:45am at Level 26, 111 Eagle Street Brisbane City.
|What|
• Fully leased 323sqm* suburban retail centre with just four tenants
• Underpinned by three tenants for 19 years, with the fourth leasing for 10 years
• Long 5.22 Year WALE, with all tenants on renewed leases
• 11 on-site undercover parking bays
• Net Income of $191,933 + GST p.a.
|Where|
• High-profile corner land parcel with 3-street frontage in the heart of Ashgrove
• 4km* from the Brisbane CBD in a thriving retail precinct
• Within 200m* of three major supermarkets and five national bank branches
• At the meeting point of four major roads, creating a bustling hub servicing far beyond its immediate locale
• Serviced by significant education amenities including 10 schools & 14 childcare centres within 2km*.
|Why|
• A proven trading history and a secure future to four beloved local tenants
• Inflation resilient CPI increases for all tenants
• A true set & forget investment with all tenants on net leases
• First time ever offered to market
*Approximately
|What|
• Fully leased 323sqm* suburban retail centre with just four tenants
• Underpinned by three tenants for 19 years, with the fourth leasing for 10 years
• Long 5.22 Year WALE, with all tenants on renewed leases
• 11 on-site undercover parking bays
• Net Income of $191,933 + GST p.a.
|Where|
• High-profile corner land parcel with 3-street frontage in the heart of Ashgrove
• 4km* from the Brisbane CBD in a thriving retail precinct
• Within 200m* of three major supermarkets and five national bank branches
• At the meeting point of four major roads, creating a bustling hub servicing far beyond its immediate locale
• Serviced by significant education amenities including 10 schools & 14 childcare centres within 2km*.
|Why|
• A proven trading history and a secure future to four beloved local tenants
• Inflation resilient CPI increases for all tenants
• A true set & forget investment with all tenants on net leases
• First time ever offered to market
*Approximately
Explore property virtually
Virtual tours
Video
Additional information
External websites
Property ID: 504654180Last Updated: 13 Nov 2024
RWC Retaillevel 26/111 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
More properties from RWC Retail
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
572 Brunswick Street,New Farm, QLD 4005 1359 m²Shops & Retail • Medical & Consulting • Offices
Contact Agent
Grill'd Bulimba, 124 Oxford Street,Bulimba, QLD 4171 195 m²Shops & Retail • Medical & Consulting • Development Sites & Land
Contact Agent
Hungry Jack's Coopers Plains, 19 Kessels Road,Coopers Plains, QLD 4108 613 m²Shops & Retail • Showrooms & Large Format Retail • Development Sites & Land