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CBRE - Brisbane

588 Redbank Plains Road Redbank Plains, QLD 4301

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588 Redbank Plains Road,
Redbank Plains, QLD 4301

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CBRE - Brisbane
588 Redbank Plains Road
Redbank Plains, QLD 4301
CBRE - Brisbane

CBRE - Brisbane

Waterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000

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A SUPER PRIME LONG-ESTABLISHED TRAVEL CENTRE INVESTMENT OFFERING

  • Defensive and Resilient Income Profile
  • 9.09 year WALE
  • GLA: 1,613sqm + 5,227sqm* licence area
• Blue-chip retail investment strategically positioned in one of Australia’s fastest growing residential corridors – 5.2% per annum above the Queensland average
• Anchored by Australia’s best-in-class retailers: Ampol (formerly Caltex), Carl’s Junior, Krispy Kreme and Zarraffa’s, with the balance of retailers complementing the centre and offering a truly defensive and diverse income profile
• Attractive investment security underpinned by an 9.09-year WALE along with corporate store guarantees
• Extensive residential development within the immediate catchment (6,000 lots within 2 km) continue to offer significant retail expenditure and discretionary spends
• Strategically located on a major arterial that has direct access to some of Queensland’s largest growth pockets
• Convenience and accessibility at the forefront, positioned at a 4-way signalised intersection and offering on-grade parking for 124 vehicles
• Expansive and prominent land holding occupying a corner lot of 1.53 hectares providing a 156-metre frontage to over 7.8 million cars annually *
• High, Certain income growth along with favourable net lease structures providing a minimum of 3.0% YOY
• Near-new building offering strong depreciation benefits and a tax-effective income stream
• Fully Leased Net Income: $1,476,779 *
* approx.
FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING 11TH MARCH 2021 AT 4PM.

Property ID: 503756370Last Updated: 11 May 2021

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CBRE - Brisbane
Waterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
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Michael Hedger

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Michael Hedger
CBRE - Brisbane
588 Redbank Plains Road Redbank Plains, QLD 4301

Hi,
I’m interested in this property. Could you please provide me with more information.

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