Brand New Leases to Rams Home Loans & Cafe | Prime Position in Thriving Retail Hub

125 Brisbane Street, Jimboomba QLD

Property Highlights

Brand new 7 + 5 year leases
Modern freestanding building
Fixed increases/Tenants pay outgoings
Register to Bid

Description

+ RAMS: 5 year lease to July 2026 plus option to 2031
+ Cafe: 7 year lease to July 2028 plus options to 2038
+ Fixed 4% (Café) and 3% (RAMS) rent increases ensuring strong rental growth
+ Favourable net leases – tenants pay all usual outgoings
+ Modern freestanding 275sqm building with triple frontage and exposure
+ Abundant parking at the shop front
+ Prime Highway position adjacent McDonald’s & amongst Coles, Woolworths, Dan Murphy’s
+ Logan City Council: Brisbane’s rapidly expanding Southern growth corridor with a FY20/21 approved $1.7 million upgrade of the Jimboomba Town Centre and $2.59 million for the development of the Jimboomba Park Master Plan
+ Rent: $157,000 pa* + GST

For Sale by Investment Portfolio Auction
11am (AEST) Wednesday 29 September 2021

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
275 SQM
Building Area
275 SQM

Contact Agents

Contact Me

Stay up to date with our latest portfolio auctions & insights