Share this property

CBRE - Brisbane
Directions

302 Anzac Avenue Kippa-Ring, QLD 4021

Directions

For Sale - Offers to Purchase

302 Anzac Avenue
Kippa-Ring, QLD 4021

Shop & Retail
Sale Price

Contact Agent

Land area

1619.0m²

Floor area

865.0m²

Tenure type

Tenanted Investment

6+ YEAR WALE - 100% OCCUPIED BY REPCO & CASH CONVERTERS

  • Two substantial buildings
  • Large 1,619sqm site
  • Prime location in major shopping zone
CBRE Queensland Retail Investments are pleased to present a highly unique investment opportunity featuring two standalone buildings occupied by leading National tenants Repco and Cash Converters on long-term leases.

The asset is situated in a prime location within a very tightly held precinct and offers income security with a 6.2-year* Weighted Average Lease Expiry (WALE) by income. The property benefits from a large frontage providing enormous exposure to approximately 40,000* cars daily.

- 100% leased to ASX listed companies Repco and Cash Converters
- Income security via long term net leases providing 6.2 year* WALE
- Guaranteed income growth from favorable net leases with excellent review structures
- Prominent position with large 46m* frontage to Anzac Avenue, the major arterial road in the Moreton Bay region providing over 40,000* daily passing vehicles
- Prime location enveloped in a large, established and growing retail trade area adjacent to Kippa Ring Shopping Centre and Peninsula Fair in a dominant precinct home to leading retailers such as Woolworths, Coles, Kmart, Target and an unprecedented number of automotive business as well as the Redcliffe Raceway
- Within easy walking distance from the new Redcliffe Peninsula Railway Line (Kippa-Ring Railway Station)
- Rare metropolitan location with excellent parking and exposure to traffic only 8km east of North Lakes
- Substantial improvements with two freestanding buildings on a large 1,621sqm site
- $339,733pa* Net Income as at 1st December 2019

THE PROPERTY IS FOR SALE VIA OFFERS TO PURCHASE.

A copy of the Information Memorandum and Due Diligence package is available upon request from the exclusively appointed CBRE agents.





*Approximately

Property ID: 503305422Last Updated: 17 Oct 2019

CBRE - Brisbane
302 Anzac Avenue
Kippa-Ring, QLD 4021
Joe Tynan
Darren Collins

CBRE - Brisbane

Waterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000

Agency contacts

CBRE - Brisbane

View Profile

CBRE - Brisbane

Waterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
progress tick

Sending email...

Email enquiry

Joe Tynan

Send to:

Joe Tynan
CBRE - Brisbane
302 Anzac Avenue Kippa-Ring, QLD 4021

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Select agent to call