Trophy Retail Investment – Landmark Corner Anchored by Hungry Jack’s & Oporto
2-4 University Drive, Meadowbrook QLD
Property Highlights
One of Brisbane’s busiest corners
Anchored by Hungry Jack’s & Oporto
Net Income: $333,989 pa + GST
Description
Hungry Jack’s: leased until 2022 + options to 2037 paying 57% of net income
Oporto: leased until 2022 + options to 2044 paying 21% of net income
Solid tenancy mix includes restaurant and hairdresser
One of Brisbane’s busiest corners and close to Logan Hospital, Motorway and University
Corner site with large landholding of 3,313 sqm
Lettable area: 474 sqm
Tenants pay all outgoings, excl. Land Tax, as per leases
Net Income: $333,989 pa + GST
Asking Price: $5,200,000 Yield: 6.4%
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fast Food
Land Size
3,313 SQM
Building Area
474 SQM