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CBRE - Brisbane

51 McGinn Road Ferny Grove, QLD 4055

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51 McGinn Road,
Ferny Grove, QLD 4055

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CBRE - Brisbane
51 McGinn Road
Ferny Grove, QLD 4055
CBRE - Brisbane

CBRE - Brisbane

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

Map of 51 McGinn Road

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  • Train stations within 5 km of 51 McGinn Road, Ferny Grove, QLD 4055Distance
    Ferny Grove Station645 m
    Kepperra Station2.5 km
    Grovely Station3 km
    Oxford Park Station3.8 km
    Mitchelton Station4.5 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 51 McGinn Road, Ferny Grove, QLD 4055Distance
    McGinn Rd at Archdale Rd1 m
    Ferny Grove Primary School1 m
    McGinn Rd Near Hogarth Rd126 m
    Archdale Rd at Coleraine St339 m
    Ferny Grove High School379 m
    POWERED BY HERE ©
POWERED BY HERE ©

ESTABLISHED BRISBANE METROPOLITAN NEIGHBOURHOOD CENTRE - 11KM FROM CBD

  • Diverse income profile
  • High, certain income growth
  • Prime 9,098 sqm* corner site
• 4,449 sqm* neighbourhood centre anchored by a 2,359m2* Coles supermarket nearing turnover threshold
• Diverse income profile with a strategic mix of medical, health and food & beverage retailers
• National tenants include Domino’s, Jetts Fitness, BWS, Healthsave Pharmacy & Maven Dental
• Prime 9,098 sqm* corner location prominently positioned between Ferny Grove Primary (850 students*) and High School (1,800 students*)
• Burgeoning population growth with over 1,200 new homes currently under construction within the primary trade, driving population growth projections of 23.6% by 2031
• Main Trade Area retail spending is currently estimated at $583.9 million* and is projected to increase to $923.1 million by 2031, representing a strong average growth rate of 5.8% p.a.*
• Excellent tenant retention history within the centre along with certain income growth between 3% & 4% p.a
• Affluent, family-based retail catchment with a strong affinity for convenience-based food and grocery facilities with an average household income of $104,364 p.a.— 43% higher than the Queensland average
• Future value-add development opportunities available (STCA)
• Fully Leased Net Income: $1,130,978 p.a*
*Approx.

FOR SALE BY EXPRESSIONS OF INTEREST CLOSING 29TH APRIL 2021 4:00PM (AEST)

Property ID: 503789606Last Updated: 12 May 2021

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CBRE - Brisbane
Waterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
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Joe Tynan

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Joe Tynan
CBRE - Brisbane
51 McGinn Road Ferny Grove, QLD 4055

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

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