For sale

Rare Freehold 7 Tenancy Brisbane Fringe Retail Investment
SOLD

Enoggera 318 Wardell Street

Property details

* $397,406.94 + Outgoings + GST
* Large 2,691m² freehold corner site, left hand side outbound
* Only 6km to Brisbane CBD
* Significant depreciation benefits of $1,339,700
* Long term tenants, including Night Owl, Newsagent etc.

ARE YOU LOOKING FOR SECURITY AND PEACE OF MIND IN THE BRISBANE FRINGE?

This blue chip rarely available retail shopping centre provides a unique opportunity to own a strong trading and well located corner freehold retail property. Anchored by Night Owl and 6 other long term strong tenants, all with excellent trading history, the centre is quality. Located a short 400m walk to the recently upgraded Enoggera Railway Station, with exposure to over 40,000 cars daily, the property well known.

The Enoggera Train station upgrade was part of a $200 million Queensland Government initiative in 2011 to improve station facilities at 50 of the busiest stations across the Queensland Rail network. A public bus stop is located directly in front of the property to the Brisbane CBD.

This modern well designed convenience centre boasts a fully leased 7 tenancy opportunity for the astute investor. A well established tenancy mix including a range of long term traders and established businesses anchored by a Night Owl and supported by a Newsagent, Hairdresser, Kebab Shop, Indian restaurant and Cafe/pizza bar. The centre is fully Brisbane City Council approved with grease traps, kitchens and extraction facilities, therefore providing a unique point of difference when securing tenants. A tenancy rarely becomes available and the moment it does, tenants are lined up to occupy.

All tenants are secured on Net Leases and are strong traders with the added bonus of being strategically located within a short 500m walk of the Enoggera Army Barracks, which is home for up to 8,000* personnel and contributes substantially to the local economy including strong patronage of the complex.

This is a unique opportunity to own a prized retail asset which all investors would be proud to have in their property portfolios. For a private viewing or for a copy of the Information Memorandum, please call Managing Director, Rod Brown on mobile.

Category:Retail
Carparks:29
Expression of Interest
All prices exclude GST Subject to the provision of the Competition and Consumer Act 2010 and subject to any other non excludable statutory provisions, Chase Commercial Pty Ltd Trading As Chase Commercial for themselves and for the Vendors of this property for whom they act give notice that: (i) all information given in relation to this property whether contained in this document or given orally, is given without responsibility; (ii) intending buyers should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, enquiries, advices or as is otherwise necessary; (iii) no person in the employment of Chase Commercial Pty Ltd Trading As Chase Commercial, has any authority to make or give any representation or warranty whatever in relation to this property.

Consultant details

  • Rod Brown
  • Phone: 0413 879 079

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