Description
High Profile Corner Retail Centre National Tenants, Long Leases
Retail Sold - Sunnybank QLD
– Strategic, fully leased freehold retail centre on busy arterial road
– 1,649 sqm corner site with 50 m frontage to Beenleigh Road (Cnr Wynne Street)
– Anchor tenants include Dominos (head office lease) and Star Liquor, a national tenant with over 70 stores
– Other tenants include established Japanese and Asian restaurants and a hairdressing/beauty salon
– Most tenancies on 5 and 7 year leases
– All leases have fixed 3% or CPI + 2% rent increases
– Building area of 488 sqm
– On-site line-marked car parking for 21 vehicles
– Sunnybank: sought after Brisbane suburb 12 km to Brisbane CBD
– Net Income: $154699 pa + GST
Auction: 11am AEDT, Wednesday 24 February 2021
Crown Casino, Melbourne
Property Features
- Retail
- Land is 1,649 m²
- Floor Area is 488 m²
Commercial Features
Highlight 1
Superb exposure to Beenleigh Road
Highlight 2
Fully tenanted retail centre
Highlight 3
National tenants - good lease profiles
