5 - 9 Eastern Road,
Browns Plains, QLD 4118
Shops & Retail • Showrooms & Large Format Retail
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Map of 5 - 9 Eastern Road
SECURE RETAIL INVESTMENT WITH ATTRACTIVE INCOME GROWTH
- Freestanding retail investment
- Guaranteed income growth (3% - 4%pa)
- Net Income: $1,013,641 per annum
* Well established tenancy and income profile that is anchored by the largest gym group within Australia and 65% of the income underpinned by a multibillion private equity fund, providing absolute income security.
* A dominant, high profile freestanding retail investment, strategically positioned within Village Square Browns Plains, one of the largest home and lifestyle centres on Brisbane’s Southside.
* The investment boasts a secure income profile via a WALE of 5.49 years* by income with secured long-term leases to strong performing retailers Go Health, Rivers and Glamaco, who have all occupied the location since 2009.
* Guaranteed income growth through attractive rental review mechanisms of 3% and 4% annually.
* Significant retail expenditure in the main trade area which is forecast to see 4.8% pa growth.
* Net Income: $1,013,641 per annum.
For Sale via Offers to purchase. Please contact the agents for more information.
* A dominant, high profile freestanding retail investment, strategically positioned within Village Square Browns Plains, one of the largest home and lifestyle centres on Brisbane’s Southside.
* The investment boasts a secure income profile via a WALE of 5.49 years* by income with secured long-term leases to strong performing retailers Go Health, Rivers and Glamaco, who have all occupied the location since 2009.
* Guaranteed income growth through attractive rental review mechanisms of 3% and 4% annually.
* Significant retail expenditure in the main trade area which is forecast to see 4.8% pa growth.
* Net Income: $1,013,641 per annum.
For Sale via Offers to purchase. Please contact the agents for more information.
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
5 - 9 Eastern Road
Browns Plains, QLD 4118
CBRE - BrisbaneWaterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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