Lot3 (U4,5,6) 109 Grand Plaza Drive,
Browns Plains, QLD 4118
Shops & Retail
Key property information
Floor area
Car spaces
Tenure type
Sold on
Return
Map
Superb Retail Investment opportunity in a buzzing retail precinct!
Raywhite Commercial (Marsden) is pleased to present to the market: Units 4,5 & 6/109 Grand Plaza Drive, Browns Plains, this superb retail investment opportunity is located in the heart of a prominent retail precinct of Browns Plains. The property is situated just across the road from Grand Plaza Shopping Center, which is anchored by Woolworths, Coles, ALDI, Big W, Kmart, Target & Event Cinemas. It is also in close proximity to Bunnings Warehouse, The Good Guys, Best Friends Pets, Spotlight & JB Hi-Fi.
This investment features:
369sqm retail space
3 secure tenants in place
Gross Rental income is $127,305 in the first year and $139,582 in the next
Costs are $4,800 (Body Corp) and $9,428 (Council Rates).
Nett income of approximately $113,077 in the first year and $125,354 in the next
This represents return of over 8%.
The Body Corporate insures the building while the tenant is required to insure the Lot.
Total number of 45 car parks, 6 assigned to neighbouring Lot 2 tenants and the remainder common use.
Easy access from Mount Lindesay Highway
For a detailed information memorandum, please contact:
Mmapula Moyo
0403 906 514
This investment features:
369sqm retail space
3 secure tenants in place
Gross Rental income is $127,305 in the first year and $139,582 in the next
Costs are $4,800 (Body Corp) and $9,428 (Council Rates).
Nett income of approximately $113,077 in the first year and $125,354 in the next
This represents return of over 8%.
The Body Corporate insures the building while the tenant is required to insure the Lot.
Total number of 45 car parks, 6 assigned to neighbouring Lot 2 tenants and the remainder common use.
Easy access from Mount Lindesay Highway
For a detailed information memorandum, please contact:
Mmapula Moyo
0403 906 514
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
07 3805 31...
Lot3 (U4,5,6) 109 Grand Plaza Drive
Browns Plains, QLD 4118
Ray White Marsden - AKGServicing Brisbane, Logan and Ipswich
BERRINBA, QLD 4117
BERRINBA, QLD 4117
Contact Agency
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