48 Browns Plains Road,
Browns Plains, QLD 4118
Key property information
Map of 48 Browns Plains Road
HIGH-PROFILE RETAIL INVESTMENT WITH STRONG NATIONAL TENANT LINEUP
- SECURE INCOME
- 8 YEAR WALE
- PET BARN & FERNWOOD
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