5/55 Railway Terrace,
Milton, QLD 4064
Key property information
Map of 5/55 Railway Terrace
MILTON RIBS & RUMPS
- 10-year lease + 1 x 10 year options
- NLA: 419sqm + 15sqm storage
- Net Income: $331,899 p.a.
• Centrally located just 1km from the Brisbane CBD, integrated with the Milton Railway Station and positioned in close proximity to Suncorp Stadium, the XXXX Brewery, and the Park Road high street retail dining precinct.
• Located within a densely populated residential growth corridor with an estimated 1,795 units recently completed and a further 690 units planned, showing strong population growth projections of 16%* by 2031.
• Highly sort after trophy investments underpinned by some of Australia’s most recognized retailers, strategically located in one of Brisbane’s most popular inner-city precincts rarely offered in today’s market.
• Secure long-term leases underpinned by national retailers with annual increases up to 3.5% p.a. Along with significant depreciation benefits offering a tax affective income stream and high growth income profile
• Affluent trade area with household incomes 26% higher than the Brisbane average. Strong food and beverage spending represents a 56% premium compared to the Brisbane average.
• A continued low interest rate environment, combined with a volatile share market, supports passive investors looking to capitalise on strong, secure covenants and the annuity-style returns offered.
FOR SALE VIA AUCTION ON WEDNESDAY 25TH AUGUST 2021 AT 11AM (AEST).
Property ID: 503880358Last Updated: 9 Feb 2024