Fully Leased Freehold Investment with Upside Epicentre of Thriving Retail/Medical Precinct

Description

Burgess Rawson is pleased to offer an exciting and fully leased investment with future development upside to the market and located at 28 Browns Plains Road, Browns Plains QLD For Sale by Private Treaty.

The property has the following investment highlights:

+ 100% fully leased retail investment with a diverse tenancy mix featuring medical, retail, and national tenants – Westpac Bank, Amplifon, Absolute Physio & Rehab, Winstons Bakeshop, and Vilic Law.
+ Guaranteed income growth stream with attractive 2.5% – 3.5% annual rent reviews.
+ Dominantly positioned on a 4,014sqm* centre zoned site with 62.5m frontage and direct access off busy Browns Plains Road.
+ Easy access and convenient parking for 52* vehicles via the on-grade car parks.
+Strategically positioned adjacent to Grand Plaza Shopping Centre, West Point Shopping, and neighbouring premium national tenants McDonalds, Officeworks, BCF, PetBarn, QML Pathology, and the Salvation Army.
+ Value add opportunity with DA approval on surplus land for two additional buildings.
+ The Browns Plains MTA has a significant retail spending market total of $141.1million.
+ Located 21km* from Brisbane CBD in the booming Logan City growth corridor with significant 48% growth expected by 2041.
+ Net income: $351,053 pa + GST

For Sale by Private Treaty

Please contact the exclusively appointed sales team for more information.

*Approx

Enquire

Contact agents
Kieran Bourke Partner
0417 418 007
Josh Scapolan Senior Sales Executive
0484 229 829
Enquiry Form

Browns Plains, QLD

28 Browns Plains Road

For Sale by Expression of Interest

This property is part of Portfolio 166

Price: Contact Agent

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