CBRE Retail Investments are delighted to present one of the largest independent liquor retailers in Australia. Cellarbrations Bowen Hills is situated along the bustling Campbell Street/ State Route 10, part of the 30-storey residential “Madison Heights” development, which provides a supporting 308 units directly above and neighbouring supporting retail, such as IGA and Subway.

Key highlights of this blue-chip investment below;

- Unmatched location within 2km* from Brisbane’s CBD and within a 300* metre walk to the Bowen Hills Train Station and a range of inner-city amenity
- Investment is underpinned by one of the largest liquor retailers in Australia
- Successfully operating under a 7 year initial term with over 2 years remaining on the lease and further 3 x 5 year options
- Favourable lease structure with net income of $49,630* and fixed annual income growth of 3%
- Inner-city location with high exposure from vehicles entering and exiting the major arterials that surround Bowen Hills including the Inner-City Bypass, Clem 7 and Story Bridge.
- Situated in one of the highest population growth suburbs in Queensland (10.5% growth last year)*
- Supported by 308* units directly above Cellarbrations and complimented by the neighbouring IGA
- This investment opportunity is perfect for SMSF investors seeking a long term and secure annuity style income stream

Cellarbrations is being offered For Sale by way of an Expressions of Interest campaign closing at 4:00 PM (AEST) Thursday 22nd November 2018


*Approximate