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Modern Retail Investment in Brisbane’s Fringe with Long-Term Leases

This high-profile retail property is strategically positioned on a prominent corner site, offering unparalleled exposure at a busy roundabout. With tens of thousands of vehicles passing daily, the property benefits from exceptional signage visibility and convenient access, making it a standout opportunity in Brisbane’s thriving fringe market.

The building features a total net lettable area of 351m²* across two well-appointed floors, complemented by exclusive on-site parking for two vehicles. Its strong investment appeal is further underpinned by secure, long-term leases to two established tenants. Elinay Cosmetic Surgery Centre holds a 7-year lease extending to 2031, with a 5-year option to 2036 and fixed annual increases of the greater of CPI or 3.5%. Wilson Property Group is secured on a 5-year lease until 2027, with a 3-year option to 2030 and fixed annual increases of 4%.

Combining a prime location, high-quality tenants, and reliable income streams, this property presents an outstanding opportunity for investors seeking stability and growth in the Brisbane retail market.

Purchase Details
Asking Price
2200000
Purchase Price
2020000
Deposit (assuming
65
% debt)
707000
Stamp Duty
105154
Building Report*
1200
Solicitor Cost*
7500
Valuation*
2500
Other Fees* (Depreciation
report, bank fees)
47218
Total Cash Required
870572
Purchase Price + Purchasing Cost
2183572
Net Annual Cash Flow Return
141300
Net Yield on Property
7.06
%
Net Yield Accounting for
Purchasing Costs
6.47
%
Cash-OnCash Returns
Deposit Needed =
% + Costs
870572
Cost of Loan
(Assume
6.25
% pa on
65
% debt)
82062.5
Return of Equity
(Pure cash flow return)
6.8
%
Return of Equity with a
5% Capital Growth Rate:
18.41
%
Return of Equity with a
7% Capital Growth Rate:
23.05
%
Return of Equity
10% Capital Growth Rate:
30.01
%
*approximate number

Key Highlights

• A–Grade allied health and professional services investment

• Unmatched location, connectivity, and exposure

• High quality medical / retail asset class

• Dual–tenanted strata titled investment

• Solidified and established tenants

• Zoned: Neighbourhood Centre

• 2 onsite parking bays (at rear)

• Total NLA: 301m2* + 15m2* Balcony + 36m2* Courtyard

• Unit 7: 145m2* + 15m2* Balcony

• Unit 8: 156m2* + 36m2* Courtyard

• Net Income: $141,259* pa

• Compouding increases: 4% and greater of CPI or 3.5%

• High profile and exposed position on busy roundabout facing Days Road

• Depreciation benefits available for incoming owner

• Grange: Established inner city Brisbane suburb only 6km from the CBD

• Quality internal fit out and finishes in place

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