106 Garden Road,
Richlands, QLD 4077
CONTACT EXCLUSIVE AGENT
Key property information
Map of 106 Garden Road
Train stations within 5 km of 106 Garden Road, Richlands, QLD 4077 Distance Richlands Station 157 m Wacol Station 2.5 km Gailes Station 2.9 km Darra Station 3.4 km Goodna Station 4.8 kmPOWERED BY HERE © Bus stops within 5 km of 106 Garden Road, Richlands, QLD 4077 Distance Richlands Bus Station 146 m Pine Rd at Lions 351 m Garden Rd at Government Road 441 m Archerfield Rd at Court House 1.1 km Archerfield Rd at McEwan Park 1.2 kmPOWERED BY HERE ©
BRAND NEW FULLY LEASED INVESTMENT ANCHORED BY LEADING NATIONAL RETAILER
- Highly strategic booming location
- Resilient diversified income stream
- Min 3% fixed reviews + depreciation
• Dominant 2,715sqm prominently positioned on the intersection of two major arterial roads exposed to over 350,000 vehicles weekly*.
• Excellent integration with neighbouring Richland's Train and Bus interchange which has an additional 650 car parks and over 15,000 commuters weekly*.
• Strategically positioned to service one of Brisbane's largest industrial precincts and key employment hubs.
• The immediate precinct is situated along the Brisbane to Ipswich growth corridor and set to benefit from strong population expected to double up until 2041 with previous annual growth over the last 10 years of 12.3%.
• Investment security underpinned by Australia's largest automotive parts supplier Repco which also provides for a minimum of 3% income growth along with all other tenancies.
• Potential rental reversion opportunities with a low average base rate of circa $400psqm.
• Significant depreciation benefits via brand new construction in late 2020, Richlands Central provides tax-effective income and minimises need for medium-term capital expenditure.
• Net Income: $466,279 p.a.*
FOR SALE BY EXPRESSIONS OF INTEREST CLOSING 4PM AEST 13TH APRIL 2021
Property ID: 503763454Last Updated: 15 Apr 2021
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