264 Rode Road,
Wavell Heights, QLD 4012
Shops & Retail • Offices • Medical & Consulting
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RWC Retail
level 26/111 Eagle StreetBRISBANE CITY, QLD 4000
264 Rode Road
Wavell Heights, QLD 4012
Map of 264 Rode Road
Entry-Level Brisbane Retail Centre| Passive 3.96 Year WALE
RWC Retail are proud to present 264 Rode Road, Wavell Heights. For Sale by Auction on Friday 29th November, 9:45am (AEST) at Level 26, 111 Eagle Street, Brisbane City.
|What|
• Fully leased 220sqm* retail centre with just three tenants
• True set and forget investment that ticks every box
• Strong 3.96 year WALE
• Passive net leases, with tenants paying for all the usual outgoings
• Fully Leased Net Income of $120,452 + GST p.a.
|Where|
• Prominent corner land parcel with exposure to over 172,000 vehicles weekly
• Positioned in the heart of Wavell Heights, just 8km* from the Brisbane CBD,
• Located at the intersection of two major roads, in close proximity to 3 schools and major retail & medical precincts
|Why|
• Landlord favourable annual rent increases of CPI and 4%
• Longstanding tenant history, with two tenants occupying for over 16 years
• An affordable, low-maintenance property makes this an ideal entry-level investment
• High profile corner with outstanding positioning on a busy intersection between two major roads.
• 6 on-site parking bays, providing convenient customer access
|What|
• Fully leased 220sqm* retail centre with just three tenants
• True set and forget investment that ticks every box
• Strong 3.96 year WALE
• Passive net leases, with tenants paying for all the usual outgoings
• Fully Leased Net Income of $120,452 + GST p.a.
|Where|
• Prominent corner land parcel with exposure to over 172,000 vehicles weekly
• Positioned in the heart of Wavell Heights, just 8km* from the Brisbane CBD,
• Located at the intersection of two major roads, in close proximity to 3 schools and major retail & medical precincts
|Why|
• Landlord favourable annual rent increases of CPI and 4%
• Longstanding tenant history, with two tenants occupying for over 16 years
• An affordable, low-maintenance property makes this an ideal entry-level investment
• High profile corner with outstanding positioning on a busy intersection between two major roads.
• 6 on-site parking bays, providing convenient customer access
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Wavell Heights, 4012 demographic data
The median household income for Wavell Heights is $2,615, 41% higher than Greater Brisbane's household income of $1,849. Wavell Heights has an older age profile compared to the rest of Greater Brisbane (median age 37 vs 36). Property ownership data shows 59% of property owners in Wavell Heights have a mortgage.
10,336
Population
$2,615 per week
Median household income
37 years
Median age
Owners
Most residents
Families
Most households
RWC Retaillevel 26/111 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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