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5 - 9 Eastern Road Browns Plains, QLD 4118

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5 - 9 Eastern Road,
Browns Plains, QLD 4118

Shops & Retail • Showrooms & Large Format Retail

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SECURE RETAIL INVESTMENT WITH ATTRACTIVE INCOME GROWTH

  • Freestanding retail investment
  • Guaranteed income growth (3% - 4%pa)
  • Net Income: $1,013,641 per annum
* Well established tenancy and income profile that is anchored by the largest gym group within Australia and 65% of the income underpinned by a multibillion private equity fund, providing absolute income security.

* A dominant, high profile freestanding retail investment, strategically positioned within Village Square Browns Plains, one of the largest home and lifestyle centres on Brisbane’s Southside.

* The investment boasts a secure income profile via a WALE of 5.49 years* by income with secured long-term leases to strong performing retailers Go Health, Rivers and Glamaco, who have all occupied the location since 2009.

* Guaranteed income growth through attractive rental review mechanisms of 3% and 4% annually.

* Significant retail expenditure in the main trade area which is forecast to see 4.8% pa growth.

* Net Income: $1,013,641 per annum.

For Sale via Offers to purchase. Please contact the agents for more information.

Property ID: 502785686Last Updated: 11 Jul 2022

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5 - 9 Eastern Road
Browns Plains, QLD 4118
CBRE - Brisbane
Waterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000

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