CBRE and Stonebridge are pleased to present to market Coorparoo Square. - A 6,778 sqm* premium inner city convenience centre anchored by ALDI and Dendy Cinema, and further complemented by 25 specialties. - Highly secure income stream via a 99% occupancy and a strong 5.2 year WALE (by income)** with 100% of the Centre’s rental income subject to annual increases of fixed 3%, 4% or CPI. - Located 4.5km* from the Brisbane CBD within an affluent growing catchment, forecast to experience a 17% population increase by 2041^. - Unparalleled access to major transport links and features a 250m* combined frontage to Old Cleveland Road and Cavendish Road, two major arterials through the catchment. - Fully leased net income $4,065,000 ** per annum Coorparoo Square is for sale via expressions of interest closing Thursday 29th August 2024 at 4 pm (AEST). For further information on this opportunity, please reach out to the sales and marketing agents. *Approximate. ^Calculated from Location iQ Trade Area Report population forecasts. **As at 1 October 2024. Boundary indicative only.
CBRE - Brisbane
Waterfront Place Level 3, 1 Eagle Street, Brisbane-City, Qld
Stonebridge Property Group - Brisbane
Level 29, 10 Eagle Street, Brisbane-City, Qld
Property ID: 504653424