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SOLD - Nundah (Brisbane) - Metro Brisbane Retail Investment
Lot 104, 1 Aspinall Street Nundah QLD 4012
Investments
Investment
Property No.
- Secure 14 year leases to Endota Spa to 2027 + option to 2037
- Endota Spa - Australia’s largest Day Spa network across over 100 locations
- Ground floor tenancies of impressive mixed use development
- Strong retail location surrounded by a large number of national tenants including Woolworth’s, BWS, Noodle Box, Zambrero’s and Subway
- Nundah - Affluent Brisbane location 8 kilometres from the CBD with average household income 25% higher than the Australian and Queensland average
- Lease secured by 3 month rent guarantee
- Fixed 4% annual increases
- Net Income $85,700 pa (Endota Spa)