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SOLD

20 Stewart Road, Ashgrove, QLD, 4060

Properties / Sold / Queensland / Ashgrove

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Auction 30 August 2024 9:45am

Land Area

463 m² (*approx)

Floor Area

323 m² (*approx)

Property Type

Retail, Child/Healthcare, Offices

Sub-type

Office Suites, Mixed Use

Est. Income

$191,933 p/a

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2. Property Highlights

Fully Leased Brisbane Retail Centre | 5.22 Year WALE

RWC Retail are proud to present 20 Stewart Road, Ashgrove. For sale by Auction on Friday 30th August 2024, 9:45am at Level 26, 111 Eagle Street Brisbane City.

|What|

• Fully leased 323sqm* suburban retail centre with just four tenants

• Underpinned by three tenants for 19 years, with the fourth leasing for 10 years

• Long 5.22 Year WALE, with all tenants on renewed leases

• 11 on-site undercover parking bays

• Net Income of $191,933 + GST p.a.

|Where|

• High-profile corner land parcel with 3-street frontage in the heart of Ashgrove

• 4km* from the Brisbane CBD in a thriving retail precinct

• Within 200m* of three major supermarkets and five national bank branches

• At the meeting point of four major roads, creating a bustling hub servicing far beyond its immediate locale

• Serviced by significant education amenities including 10 schools & 14 childcare centres within 2km*.

|Why|

• A proven trading history and a secure future to four beloved local tenants

• Inflation resilient CPI increases for all tenants

• A true set & forget investment with all tenants on net leases

• First time ever offered to market

*Approximately

Remember to mention you found this property on CommercialReady

Property Type

Retail, Child/Healthcare, Offices

Sub-type

Office Suites, Mixed Use

Est. Income

$191,933 p/a

Wale

5.22 years

Land Area

463 m² (*approx)

Floor Area

323 m² (*approx)

Selling Method

Auction

Auction Date

30 Aug 2024 09:45AM

Add to calendar

Selling Details

Auction 30 August 2024 9:45am

2. Property Highlights

Fully Leased Brisbane Retail Centre | 5.22 Year WALE

RWC Retail are proud to present 20 Stewart Road, Ashgrove. For sale by Auction on Friday 30th August 2024, 9:45am at Level 26, 111 Eagle Street Brisbane City.

|What|

• Fully leased 323sqm* suburban retail centre with just four tenants

• Underpinned by three tenants for 19 years, with the fourth leasing for 10 years

• Long 5.22 Year WALE, with all tenants on renewed leases

• 11 on-site undercover parking bays

• Net Income of $191,933 + GST p.a.

|Where|

• High-profile corner land parcel with 3-street frontage in the heart of Ashgrove

• 4km* from the Brisbane CBD in a thriving retail precinct

• Within 200m* of three major supermarkets and five national bank branches

• At the meeting point of four major roads, creating a bustling hub servicing far beyond its immediate locale

• Serviced by significant education amenities including 10 schools & 14 childcare centres within 2km*.

|Why|

• A proven trading history and a secure future to four beloved local tenants

• Inflation resilient CPI increases for all tenants

• A true set & forget investment with all tenants on net leases

• First time ever offered to market

*Approximately

Remember to mention you found this property on CommercialReady

20 Stewart Road, Ashgrove, QLD, 4060 Ashgrove

RWC Retail

Lvl 26/111 Eagle St, Brisbane QLD 4000

Michael Feltoe

+61 *** *** *** show +61 447 714 899

Lachlan O'Keeffe

+61 *** *** *** show +61 413 464 137

Industrial

Retail

Child/Healthcare

Hotel/Leisure

Offices

Farming

Other

20 Stewart Road, Ashgrove, QLD, 4060