45 Grand Plaza Drive,
Browns Plains, QLD 4118
Shops & Retail • Showrooms & Large Format Retail
Key property information
Land area
Floor area
Tenure type
Sold on
RWC - Milton
Ground Level, 65 Park RoadMILTON, QLD 4064
07 3331 54...
45 Grand Plaza Drive
Browns Plains, QLD 4118
Map of 45 Grand Plaza Drive
RETAIL/SHOWROOM - FULLY LEASED INVESTMENT
On behalf of the vendor Ray White Commercial Milton are pleased to present 45 Grand Plaza Drive, Browns Plains to the market for sale.
Retail/showroom tenanted investment on 1250sqm of land with 716sqm building
Tenancy One - 184sqm - Loft Barber Shop - $56,301 gross + GST - 3 + 3 year options starting July 2021 (10 year tenure)
Tenancy Two - 440sqm - Carpet Shop - $84,107 gross + GST - 5 + 5 year options starting April 2022 (24 year tenure)
Tenancy Three - 92sqm - Next Level Performance Centre - $40,000 gross + GST - 3 + 3 year option starting April 2023 (new lease)
• Annual net return of approx. $157k
• Air conditioned showroom and office
• Excellent exposure
• Ample onsite parking
• Excellent local amenities
• Surrounded by national businesses such as Beaurepaires, Kmart, Dulux and Ultra Tune
• Access to major arterial roads to the North, South and West
For Sale - PRICE GUIDE MID - HIGH $2M.
To discuss or to arrange an on-site inspection contact Exclusive Agent David Highman 0488 109 768
Retail/showroom tenanted investment on 1250sqm of land with 716sqm building
Tenancy One - 184sqm - Loft Barber Shop - $56,301 gross + GST - 3 + 3 year options starting July 2021 (10 year tenure)
Tenancy Two - 440sqm - Carpet Shop - $84,107 gross + GST - 5 + 5 year options starting April 2022 (24 year tenure)
Tenancy Three - 92sqm - Next Level Performance Centre - $40,000 gross + GST - 3 + 3 year option starting April 2023 (new lease)
• Annual net return of approx. $157k
• Air conditioned showroom and office
• Excellent exposure
• Ample onsite parking
• Excellent local amenities
• Surrounded by national businesses such as Beaurepaires, Kmart, Dulux and Ultra Tune
• Access to major arterial roads to the North, South and West
For Sale - PRICE GUIDE MID - HIGH $2M.
To discuss or to arrange an on-site inspection contact Exclusive Agent David Highman 0488 109 768
Additional information
External websites
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
Median age
Owners
Most residents
Families
Most households
RWC - MiltonGround Level, 65 Park Road
MILTON, QLD 4064
MILTON, QLD 4064
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