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2/1 Ian Keilar Drive Springfield, QLD 4300

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2/1 Ian Keilar Drive,
Springfield, QLD 4300

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RARE RETAIL INVESTMENT IN THE HEART OF SPRINGFIELD

  • 7 Year Lease term
  • Net Income of $34,500
  • Fixed annual income growth of 4%
Mondaze Springfield Central presents the rare opportunity to acquire a brand-new retail tenancy underpinned by a 7-year lease to Mondaze, a popular dessert, burger and coffee bar.

Key attributes;

- INVESTMENT SECURITY: 7-year net lease to a destination tenant that has over 4,300 followers on Instagram and over 22,000 followers on Facebook with customer support built over years at their Jimboomba store.

- STRATEGIC POSITIONING: Ideally located in a prime central location in the middle of a rapidly growing city with underlying record breaking population growth along with ever-increasing jobs, development and investment.

- GUARANTEED INCOME GROWTH: The investment boasts a strong 7 year lease with a further 5 year option whilst also providing a secure and growing income stream via favourable net lease structures and fixed annual income growth of 4%.

- AFFLUENT TRADE AREA: Bustling trade area with over 66 residents located directly above, complimenting retail users including a successful barber, dentist and restaurant as well as being in close proximity to a range of amenity and consumers including the Mater Private Hospital, Aveo Retirement Living Centre, University of Southern Queensland and Orion Swimming Lagoon.

- TAX DEPRECIATION BENEFITS: Brand new improvements providing excellent tax saving depreciation benefits.

FOR SALE BY EXPRESSIONS OF INTEREST CLOSING WEDNESDAY 21ST NOVEMBER 2018 AT 4.00PM AEST.

Property ID: 503006758Last Updated: 9 Feb 2024

07 3833 98...
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2/1 Ian Keilar Drive
Springfield, QLD 4300
CBRE - Brisbane
Waterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
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