CBRE is pleased to present to the market Centrelink and Indie Education, located at 75-87 Grand Plaza Drive, Browns Plains 4118 for sale via Investment Portfolio Auction 185.

The opportunity has the following investment highlights:

+ Anchored by a brand new ten (10) year lease to the Commonwealth (Services Australia t/a Centrelink) to November 2035, plus three (3) further three (3) year options to 2041
+ Centrelink: Operating since 1997, Centrelink is a Commonwealth Government program delivered by Services Australia, providing financial assistance for eligible citizens (1)
+ Longstanding Centrelink tenant, onsite for 25+ years, underpinning secure and long-term income security
+ Indie School: Australian not-for-profit education network, funded by Commonwealth and State Government grants. Indie School caters for students aged 15 – 18 unable to complete their studies in a mainstream school system. (2)
+ Landlord favourable fixed 3.50% increases, assuring annual compounding income growth
+ Positioned in QLD’s most-sought after commercial & retail precinct with huge underlying land value
+ Strategically located directly opposite Grand Plaza, one of QLD’s largest shopping centres, anchored by Big W, Kmart, Target, Woolworths and 110+ other specialty retailers* (3)
+ Expansive 3,790sqm* corner site with 180m* of dual street frontage to Grand Plaza Drive and Eastern Road, ensuring exceptional visibility & accessibility (4)
+ Favourable ‘Centre Zoning’, as per Logan City Council. Future development STCA
+ Immediate access to the Mount Lindesay Highway, providing direct exposure to 485,000+ vehicles passing weekly*, underpinning the assets prized location
+ Recent state-of-the-art capital works completed, providing attractive tax-saving depreciation benefits to the incoming purchaser
+ Logan City: Second fastest-growing LGA in South-East Queensland with population forecast to increase 47% to over 500,000 by 2041 (5)
+ Net Income: $625,845 pa* + GST

For Sale via Investment Portfolio Auction 185
10.30am AEST Thursday 25 June 2025
Level 3, Waterfront Place, Brisbane City

Please contact the exclusively appointed sales team for more information

*Approx.

(1) Services Australia
(2) Indie Education
(3) Grand Plaza
(4) Landchecker
(5) Logan City Council