CBRE Retail Investments are pleased to present to market East Brisbane Marketplace - A highly sought-after Brisbane metropolitan neighbourhood centre. • 2,019sqm* metropolitan retail centre, anchored by a high performing 1,413sqm* Seasons IGA Supermarket, occupying 70%* of GLA • Diverse and defensive tenancy mix including BWS, Pharmacy, Brazilian Beauty, Cafe and Sushi. • The fully leased centre offers unparalleled income security via a long 6.6 year WALE (by income). • Dominant high-profile location with an exceptional 75m* of direct exposure to a high level of passing commuters and traffic via Lytton Road, capturing 350,000* cars weekly, a major east-west 6 lane arterial connecting the eastern suburbs to the Brisbane CBD. • Located on the fringe of the Brisbane CBD (2km* east) in an elite densely populated inner-city location, with significant surrounding infrastructure including the 2032 Brisbane Olympic Precinct and the Cross River Rail project. • MTA retail expenditure is forecast to grow over 53% to $842M p.a. BY 2036**. • Fully leased net income $1,010,000* + per annum East Brisbane Marketplace is For Sale by Expressions of Interest closing 4:00pm (AEST) Thursday 29th February 2024. For further information on the investment opportunity, please reach out to Michael Hedger or Joe Tynan. *Approximate **LIQ Report
Demande par e-mail à CBRE - Brisbane
Propriété ID: 504503776