99-101 Collins Street,
Redland Bay, QLD 4165
Shops & Retail • Medical & Consulting • Warehouse, Factory & Industrial
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Burgess Rawson - Brisbane
Level 12, 127 Creek StreetBRISBANE CITY, QLD 4000
99-101 Collins Street
Redland Bay, QLD 4165
Map of 99-101 Collins Street
Secure 10 Year Lease + Options to 2041
- Outstanding depreciation benefits
- Fixed 3% rent increases
- Tenant pays all usual outgoings
+ Anchored by recent 10 year lease to Baildon Group (Superfish Swim Schools) until 2031 with options through to 2041
+ Supported by a brand new 3 year lease to Studio K Hair Co until 2025 with options through to 2028
+ Baildon Group: Established in 1996 operating multiple swim schools & gyms with strong financial backing
+ Studio K Hair Co: experienced multi-site operator with studios in Brisbane and Redland Bay
+ Attractive 7.83* year WALE, with 85.3% of the income underpinned by Superfish Swim School
+ Strategically positioned 1,589sqm site adjoining a 7-Eleven, 152 place childcare centre & medical centre in a booming residential catchment
+ Construction completed in January 2021, allowing for outstanding depreciation benefits (approx. $94,310 first year tax depreciation)
+ Annual fixed 3% rent increases ensuring strong rental growth
+ Tenants pay all outgoings (excluding land tax)
+ Ideal affluent catchment with median house prices in Redland Bay have increased 21.7% over the past 12 months**
+ Redland Bay is experiencing high population growth with children aged between 0-14 representing 22.4% of the total population, well above the Queensland average***
+ Net Income: $164,111 pa*
For Sale by Investment Portfolio Auction
10:30am (AEST) Thursday 23 June 2022
Hilton Hotel, Brisbane
Approximately*
Gapmaps**
ABS***
+ Supported by a brand new 3 year lease to Studio K Hair Co until 2025 with options through to 2028
+ Baildon Group: Established in 1996 operating multiple swim schools & gyms with strong financial backing
+ Studio K Hair Co: experienced multi-site operator with studios in Brisbane and Redland Bay
+ Attractive 7.83* year WALE, with 85.3% of the income underpinned by Superfish Swim School
+ Strategically positioned 1,589sqm site adjoining a 7-Eleven, 152 place childcare centre & medical centre in a booming residential catchment
+ Construction completed in January 2021, allowing for outstanding depreciation benefits (approx. $94,310 first year tax depreciation)
+ Annual fixed 3% rent increases ensuring strong rental growth
+ Tenants pay all outgoings (excluding land tax)
+ Ideal affluent catchment with median house prices in Redland Bay have increased 21.7% over the past 12 months**
+ Redland Bay is experiencing high population growth with children aged between 0-14 representing 22.4% of the total population, well above the Queensland average***
+ Net Income: $164,111 pa*
For Sale by Investment Portfolio Auction
10:30am (AEST) Thursday 23 June 2022
Hilton Hotel, Brisbane
Approximately*
Gapmaps**
ABS***
Property ID: 504076451Last Updated: 1 Mar 2024
Burgess Rawson - BrisbaneLevel 12, 127 Creek Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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