Asking Price S$959,000
Sq. Footage 2,497
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Property Description

JLL QLD Metro Sales & Investments are proud to present for sale West End Gardens Retail, located on the corner of Rogers & Duncan Street, West End, QLD.

 

The investment represents three (3) new, fully leased retail tenancies on one volumetric title, located in the heart of one of the most well connected retail and residential precincts in West End. Key attributes of the offering include:

  • Secure long term cash flow with a 4+ year WALE;
  • Diverse tenant profile with 80% of the income underpinned by major national tenants including multinational convenience operator NightOwl and commercial real estate firm JLL (NYSE:JLL);
  • Net income of $137,820p.a.* with significant depreciation benefits;
  • Highly desirable corner position with unsurpassable exposure to passing traffic; and
  • Surrounding area undergoing unprecedented population growth fuelled by high density residential development and new infrastructure.


For Sale via Public Auction at JLL Brisbane Office, Level 39, 345 Queen Street, Brisbane City - 10:30 (AEST) 10 April 2019 

Investment Highlights

4+ year WALE

Highly desirable corner position

Andrew Havig
Executive
Sam Byrne
Senior Executive

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