Ideal S. M. S. F. Investment – 9% Net Return

 

 

Leased to Moose & Gibson, one of Brisbane’s most popular cafes, on a 3x3x3 year lease, this investment had security and affordability in spades.

Some of the key purchase considerations were:

* High quality and well known tenant in situ for 4 years
* Net income of $65,000 per annum with CPI increases
* 2 years remaining on existing lease with 2x3yr options
* Building only 6 years old offering excellent depreciation
* Flexible tenancy layout allowing for multiple future uses
* High growth area with significant future upside
* Liquor license and solid trading hours in place for tenant
* Canopy and grease trap already in place for future leasing
* Captive audience of 27 residential units directly above

The outstanding retail investment is located only 250m from Woolloongabba’s famous Logan Road restaurant/cafe precinct. The Gabba has seen massive growth over the past 2-3 years with a huge influx of residential development and commercial/retail investment. This has been spearheaded by Pellicano’s South City Square, a master planned community which will put Woolloongabba on the national stage. Featuring five residential towers, a hotel, central green space, cinemas and full retail component including a supermarket, will be the first of its kind in Woolloongabba.

The property was sold by Aron Burtenshaw to a private investor, and is now managed by Ray White Industrial Milton.

For further information regarding this property or any other investment or property management needs please contact the office on (07) 3331 5444.