Share this property

realcommercial.com.au

5 - 9 Eastern Road Browns Plains, QLD 4118

Directions

5 - 9 Eastern Road,
Browns Plains, QLD 4118

Shops & Retail • Showrooms & Large Format Retail

Price information

Sold

Contact Agent

Key property information

Floor area

Property extent

Tenure type

Sold on

Map of 5 - 9 Eastern Road

Directions

SECURE RETAIL INVESTMENT WITH ATTRACTIVE INCOME GROWTH

  • Freestanding retail investment
  • Guaranteed income growth (3% - 4%pa)
  • Net Income: $1,013,641 per annum
* Well established tenancy and income profile that is anchored by the largest gym group within Australia and 65% of the income underpinned by a multibillion private equity fund, providing absolute income security.

* A dominant, high profile freestanding retail investment, strategically positioned within Village Square Browns Plains, one of the largest home and lifestyle centres on Brisbane’s Southside.

* The investment boasts a secure income profile via a WALE of 5.49 years* by income with secured long-term leases to strong performing retailers Go Health, Rivers and Glamaco, who have all occupied the location since 2009.

* Guaranteed income growth through attractive rental review mechanisms of 3% and 4% annually.

* Significant retail expenditure in the main trade area which is forecast to see 4.8% pa growth.

* Net Income: $1,013,641 per annum.

For Sale via Offers to purchase. Please contact the agents for more information.

Property ID: 502785686Last Updated: 11 Jul 2022

realcommercial.com.au logo
5 - 9 Eastern Road
Browns Plains, QLD 4118
CBRE - Brisbane
Waterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.