Property ID: L33308529 | Retail
Dugan & Co Property is pleased to present this rare opportunity to secure this rare Indooroopilly investment.
Key Features:
- Major Upside w/ 2 Titles and 2 Lots
- Fully Leased to Internationally Recognised Retailer - Frankie4
- Leased to 2029 with 2 x 5 Years Options
- Net Income: $287,050.10* P.A. + GST ($266,050.10 after Land Tax)
- Tenant since 2016
- Located in Prime Retail Corridor | Featuring Spotlight, Reece, Andersens, Petstock, 99Bikes, Anytime Fitness, Subway and more.
- An average of 47,000* vehicles per day to the east of Moggill Road
- Situated in a High-growth, Affluent Suburb with Strong Consumer Demand
- Future Development Potential
- Low Maintenance Building
- Long Term Future Proofing/Rental Reversion, w/ 2 Lots & Potential to Convert Back to 2 Tenancies
Indooroopilly is one of Brisbane's most dynamic retail and commercial precincts, and boasts a high volume of foot traffic, excellent public transport links, and proximity to major arterial roads. 260 Moggill Road benefits from exceptional connectivity and strong local demographics.
For further information or to arrange an inspection, please contact the exclusive agents Cooper Black and Tom Wotton.
*Approx.
