SOLD - Fully Leased Metro Brisbane Investment - 7.9 Year WALE

Cushman and Wakefield are pleased to present to the market for sale via expressions of interest a unique opportunity to acquire a fully leased diversified asset in the expanding Brisbane Metro market.

255-257 Gympie Road, Kedron is a wholly leased opportunity with the following key features; 

• Fully leased investment with 86% of income secured by ASX listed & blue chip tenants C&K (National Head Office & Childcare Centre), Ingenia and Dulux
• Land rich asset set across a large 8,909 sqm* site with 4,579 sqm* GFA and 136 car parks
• Strategic position on Gympie Rd with 80 metres of frontage to over 73,000* cars per day
• Kedron - Strong location only 8.5km’s from the Brisbane CBD
• 4.5 Star NABERS Rating
• Guaranteed income growth with each lease secured by fixed 3% - 4% annual rent increases 
• Net Income $1,440,777 pa + GST

*approx.  

The offering is being sold via expression of interest closing 5pm (AEST) Thursday the 8 of November.  

For further details please contact exclusive agents.