SECURE RETAIL INVESTMENT WITH ATTRACTIVE INCOME GROWTH
* Well established tenancy and income profile that is anchored by the largest gym group within Australia and 65% of the income underpinned by a multibillion private equity fund, providing absolute income security.
* A dominant, high profile freestanding retail investment, strategically positioned within Village Square Browns Plains, one of the largest home and lifestyle centres on Brisbane’s Southside.
* The investment boasts a secure income profile via a WALE of 5.49 years* by income with secured long-term leases to strong performing retailers Go Health, Rivers and Glamaco, who have all occupied the location since 2009.
* Guaranteed income growth through attractive rental review mechanisms of 3% and 4% annually.
* Significant retail expenditure in the main trade area which is forecast to see 4.8% pa growth.
* Net Income: $1,013,641 per annum.
For Sale via Offers to purchase. Please contact the agents for more information.