Retail for Sale, 5 - 9 Eastern Road, Logan, 4118

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For Sale - Retail, Showrooms/Bulky Goods

SECURE RETAIL INVESTMENT WITH ATTRACTIVE INCOME GROWTH

Highlights

Freestanding retail investment
Guaranteed income growth (3% - 4%pa)
Net Income: $1,013,641 per annum

Overview

* 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.

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