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85 Leon Capra Drive, Springfield, Qld 4300

85 Leon Capra Drive, Springfield, Qld 4300

Retail

  • For Sale
  • Contact Agent
  • Expression of Interest

BRAND NEW RETAIL INVESTMENT WITH 8.52^ YEAR WALE

  • Brand New Convenience Centre
  • Australia’s Fastest Emerging City
  • Income security with 8.38^ WALE

  • Land Area
  • 0.60ha (1.48 acres) (approx)
  • Floor Area
  • 1,420 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Jan 13, 2018

Interested in this property? Contact an Agent today

CBRE - Brisbane

Waterfront Place Level 3, 1 Eagle Street

Brisbane City Qld 4000

Michael Hedger, CBRE - Brisbane
Michael Hedger

BRAND NEW RETAIL INVESTMENT WITH 8.52^ YEAR WALE

* Brand new convenience centre (completed in 2016), anchored by IGA on a new 15 Year lease with options until 2046
* Complimented by a diverse mix of quality retailers including Bottleshop, Thai, Indian, Sushi, Fish & Chips and Hairdresser
* Dominant Corner position with exposure to over 20,000 cars daily
* Significant depreciation benefits offering a tax effective income stream
* Situated in the heart of Australia’s fastest emerging city
* Income security and growth with long leases in place and all tenants seeing attractive 3% to 5% fixed annual income growth
* Ample at grade parking for 78 vehicles
* Net Income: $760,000*p.a (Fully Leased)

For Sale via Offers to Purchase.

85 Leon Capra Drive, Springfield, Qld 4300

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