Thriving Neighbourhood Shopping Centre | National Brands Incl CBA, Subway + Snap Fitness

Description

CBRE is pleased to offer to the market, 4 Patricks Road & 22 Nepean Avenue, Arana Hills QLD for sale via Investment Portfolio Auction 157.

The property has the following investment highlights:

+ Well presented 1,077sqm* neighbourhood shopping centre investment with 5.13 WALE
+ Excellent tenant profile including CBA, Subway, Snap Fitness, medical & professional services (7 tenancies)
+ Large and highly prominent 2,576sqm* corner site set over 2 titles
+ Proven retail position opposite Arana Hills Plaza with K-Mart, Coles, ALDI, Hungry Jack’s, Red Rooster, GYG’s, Shell, Ampol & mix medical
+ Moreton Bay region: key growth corridor 13km north of Brisbane CBD with 50% increase population expected over the next 25 years
+ Future strata subdivision or development upside (STCA)
+ Net Income: $430,530 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEST Thursday 8 December 2022
The Hilton, Brisbane

Please contact the exclusively appointed CBRE team for more information.

*approx

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Contact agents
Kieran Bourke Senior Director
0417 418 007
Craig Chapman Senior Director
0427 110 132
Andrew Havig Partner
0478 010 990
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Arana Hills, QLD

4 Patricks Road

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 157

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