28 Browns Plains Road, Browns Plains, Qld 4118

Retailspace Property is pleased to offer an exciting and fully leased investment with future development upside to the market and located at 28 Browns Plains Road, Browns Plains QLD for sale via Private Treaty.
 
Located opposite the Grand Plaza Shopping Centre and within the heart of Browns Plains, this unique opportunity to acquire a fully leased commercial asset with shovel-ready, value add potential, is set upon a large 4,014sqm with 63 meters of frontage on Browns Plains Road and provides strong diversified income streams from 5 secure tenants, including Westpac and Amplifon.
 
The commercial fundamentals of this asset are bolstered by the development approval in place for 1,916 sqm GLA buildings over the surplus land on site.
 
Features of this outstanding opportunity include:
 
+ Fully leased freehold investment with upside
+ Epicentre of thriving and tightly held retail/medical precinct
+ Current DA approval for a range of usages
+ Quality retail building on prime 4,014sqm* land holding
+ Valuable 52 car spaces on-title
+ Major commercial hub with huge catchment area located 30km* from Brisbane CBD
+ Captive population base of 350,740 (Logan City LGA) with significant growth expected to see this exceed 500,000 by 2036
+ Other retailers in close proximity include major banks, Hungry Jacks, McDonalds, Harvey Norman, Officeworks, Bunnings, and major Woolworths anchored shopping centre.
+ Net Income: $348,674 pa* + GST
 
For Sale by Private Treaty. 
 
Please contact the exclusively appointed sales team for more information.