Cushman & Wakefield is pleased to present a fully tenanted investment in the heart of Kallangur commercial hub. Strategically located on a 2,651sqm* holding with direct frontage to Anzac Avenue, a key arterial connecting the Redcliffe Peninsula to the Bruce Highway, with over 168,000* vehicles passing weekly. The asset benefits from its locality to North Lakes Homemaker Centre and neighbouring national covenants including Woolworths, KFC, Hungry Jack's, Red Rooster, 7 Eleven and EG Ampol.
The key highlights of the opportunity include:
- Secure WALE of 3.15 years (by income), anchored by Chempro Kallangur on a lease expiring 2031 with options through to 2036
- 100% leased across five tenancy mixed use medical and specialty asset
- Registered across eight strata lots (L1 to L8, BUP12363) offered for sale in one line, presenting a rare consolidation opportunity
- Both Chempro Chemist and Kallangur Medical Centre have remained at the centre for over 40 years.
- Located in one of the fastest growing precincts in the City of Moreton Bay, with the region forecast to grow from 480,000 residents in 2021 to around 800,000 by 2046
- 46 on-site car parks servicing the centre
- Supported by proximity to the North Lakes health precinct, a major hub servicing over 120,000* residents across the northern Brisbane corridor.
Net Income of $338,857* per annum.
The property is offered for sale via Expressions of Interest campaign (EOI) closing Wednesday 21st of October at 4.00pm (AEST).
To obtain further information or arrange an inspection please contact the exclusive selling agent
*Approximately
- Queensland - North Coast