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CBRE - Brisbane

48 Browns Plains Road Browns Plains, QLD 4118

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48 Browns Plains Road,
Browns Plains, QLD 4118

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CBRE - Brisbane
48 Browns Plains Road
Browns Plains, QLD 4118
Michael Hedger
Darren Collins

CBRE - Brisbane

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

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HIGH-PROFILE RETAIL INVESTMENT WITH STRONG NATIONAL TENANT LINEUP

  • SECURE INCOME
  • 8 YEAR WALE
  • PET BARN & FERNWOOD
On behalf of the CBRE Queensland Retail Investments team, we are delighted to present this rare opportunity to purchase 48 Browns Plains Road, Browns Plains.

The property represents the opportunity to acquire a high-profile retail investment, strategically located in the heart of one of Brisbane southside's largest retail precincts.

- High-profile national tenants underpinning the income with Pet Barn (175+ stores) & Fernwood (69 stores), both on renewed 7 & 10 year lease terms respectively
- Established retail precinct & major retail hub opposite the $400m Grand Plaza & alongside high-profile retailers including Officeworks, BCF, Woolworths & McDonald's
- Dominant 66m* frontage along Browns Plains Road with exposure to over 10m cars annually
- High income growth with majority of the income profile growing a fixed 3% pa*
- Convenient & easily accessible with direct access off Browns Plains Road & 250 at grade car parks available
- Secure income underpinned via an 8 year* WALE

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.

Property ID: 503379774Last Updated: 22 Jan 2020

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CBRE - Brisbane
CBRE - Brisbane
Waterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
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Michael Hedger

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Michael Hedger
CBRE - Brisbane
48 Browns Plains Road Browns Plains, QLD 4118

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

Kind Regards,

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