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South East QLD’s Best Large Format Retail Investment

67-69 Redland Bay Road Capalaba QLD 4157

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For Sale Sold
Property No.

Attributes and Features

Building Area 5714 sqm
Land Area 14690 sqm
Parking 150
Last Updated Jan 10, 2019
Status Sold

In what is a truly unique offering, the property features the following key characteristics:

• Dominant, gateway retail asset commanding the anchor position within this tightly held and extremely popular retail precinct
• Prominent, land rich site with over 230 metres exposure to Redland Bay Road and Moreton Bay Road
• 78%* of income secured by national and international tenants on long lease terms
• WALE of over 5 years*
• Attractive lease provisions including strong annual reviews and majority net lease structures
• Significant pent up lease demand within precinct ensuring sustained rental growth and income security
• Multiple value add opportunities involving tenancy repositioning and further development
• Generous 1.46 HA land parcel with over 150 onsite carparks
• Net annual income: $1,706,000

For Sale via offers to purchase closing 4pm Wednesday 18th of April 2018.

If you have any questions or require further information on the asset, please do not hesitate to contact the exclusive agents.

South East QLD’s Best Large Format Retail Investment67-69 Redland Bay RoadCapalaba, QLD 4157
67-69 Redland Bay Road Capalaba QLD 4157