13/59-63 Eastern Road,
Browns Plains, QLD 4118

Shops & Retail • Showrooms & Large Format Retail

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$1,350,000 (8.52%) Retail/Warehouse Investment with 7 Year Lease

7 + 7 Year Lease
Future Rental Upside
$115,000 + GST pa

Ray White Commercial (Qld) and First National Commercial are pleased to exclusively offer 13 / 59 - 63 Eastern Road, Browns Plains QLD for sale.

Key Investment Attributes:
• 7 net year lease to 2026 and 7 year option.
• Tenant pays rent and outgoings two months in advance.
• Tenant funded the entire fit out including lead lined X-Ray room.
• Experienced Yoga/Chiropractor tenant with multiple locations in Brisbane.
• 933sqm* ground floor building plus 100sqm* mezzanine storage area.
• 19 exclusive on grade car parks and 127 car parks in complex.
• Secure monthly income stream underpinned by a personal guarantee.
• Net income of $115,000* + GST pa (only $123/sqm).

*Approximately

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Browns Plains, 4118 demographic data

The median household income for Browns Plains is $1,390, 25% lower than Greater Brisbane's household income of $1,849. Browns Plains has a younger age profile compared to the rest of Greater Brisbane (median age 34 vs 36). Property ownership data shows 61% of property owners in Browns Plains have a mortgage.

6,632

Population

$1,390 per week

Median household income

34 years

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