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.
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Purchasing Costs
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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