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SOLD

26 Main Street, Samford Village, QLD, 4520

Properties / Sold / Queensland / Samford Village

Tenanted Investment

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1. Property Summary

Selling Method

Expression of Interest

Selling Details

Closing Wednesday 13th March 2024, 4pm (AEST)

Land Area

1,730 m² (*approx)

Property Type

Retail

Terms

10 year lease expiring 2031 with options

Est. Income

$273,370 p/a

Fully Leased

Snap Fitness

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2. Property Highlights

Premium Retail Investment in Prestigious Suburban Enclave

Long WALE of 7.47 Years*
Development Upside with Approved DA
100% Leased to International Tenant

Colliers is proud to offer 26 Main Street, Samford Village for sale via Expressions of Interest. Located 22km north west of the Brisbane CBD, Samford Village is positioned as a highly desirable lifestyle location boasting a median house price of $1.66M. Very rare do single tenanted investment opportunities come up in such a tightly held affluent area.

Key Highlights of the opportunity:

- 100% Leased to international brand, Snap Fitness

- 10 year lease expiring 2031 with options

- Strong rental growth through CPI + 1%* rental review mechanism*

- Corner site with double street frontage

- Development upside with a DA approval for an additional 255.4m2*

- Large 1,730sqm* site over two lots with significant exposure to Main Street

- Unmatched 1:21sqm* car parking ratio (25 onsite bays)

- Estimated Net Income as at 1st Jan 24 - $273,370 p.a.*

For Sale via Expressions of Interest closing Wednesday 13th March 2024, 4pm (AEST).

Please contact the exclusive agents below for a copy of the information memorandum or to arrange an inspection.

*approximate