Prominent 5,171* sqm Corner Site
Multiple National Tenants
Over 45% Medical/health Related Tenancies
Net Income $1,228,322 p.a + GST (Incl. Land Tax)

Commercial East Coast Investments has pleasure in presenting to investors, this prime retail convenience centre anchored by a well established IGA supermarket with a solid 20 year lease to 2033 plus 2 x 5 year options to 2043.

• Strong mix of allied health tenancies including Medical Centre, Pharmacy, Dental Surgery, Jetts Fitness, Podiatry, Chiropractic, wellness and psychology
• Vibrant mix of convenience and food tenancies including bakery, café, seafood takeaway, sushi, Thai restaurant, noodle bar, BWS liquor, hairdresser and others
• Building area 2,688 sqm
• Attractive CPI, CPI+1%, and 4% fixed rent increases
• Majority of tenants pay outgoings
• On-grade and basement parking for 123 vehicles
• The centre occupies a prominent position in the growing residential suburb of Redland Bay, within 40* kilometres of the Brisbane CBD
• Redland City: Gateway to Moreton Bay a thriving bay-side community with a population of circa 170,000 and GDP in excess of $7bn

For sale via ‘Exclusive offers to Purchase’ – Contact Glenn for copy of Property Report.

*approximate