Quality Retail Investment in Brisbane's Thriving Gasworks Precinct

27 Cunningham Street, Newstead, Queensland 4006

Retail For Sale

Expressions of Interest. EOI Date 1 Mar 2017

Description

Colliers International are pleased to offer the complete retail component of Mirvac’s Park Apartments luxury residential development for sale via Expressions of Interest.

Mirvac’s $1billion Waterfront Newstead masterplan boasts a mix of high quality office and retail tenants located within two kilometres of the Brisbane CBD. The property is ideally located amongst Brisbane’s thriving lifestyle precinct and burgeoning urban renewal plan with strong links to public transport and civil infrastructure.

Key features of this premium retail investment include:
- Quality retail investment within Gasworks lifestyle precinct
- Strong catchment area surrounded by 7,000 + apartments*
- WALE: 3.7* years
- 6 tenancies under single title – value add potential
- Net income of $134,447* ex GST
- 382m²* of net lettable area + 432m²* of undercover alfresco seating
- Established within premium Mirvac Development (2013)
- Ample on-site parking
- Directly adjacent $1.1billion Gasworks Plaza
- Walking distance to all forms of public transport

This high yielding investment opportunity is exclusively presented to the market for sale via Expressions of Interest closing 1 March 2017.

Please contact the exclusive marketing agents at Colliers International for any further details.


*approximate.

Features

  • WALE: 3.7 years aprroximately
  • Net Income $134,447 ex GST
  • Strong catchment area - 7,000+ units

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