OVERVIEW

On behalf of the vendors, Cushman & Wakefield are pleased to present 262 Anzac Avenue, Kippa-Ring for sale via expressions of interest closing 15 May 2024. 

262 Anzac Avenue, Kippa-Ring benefits from the following characteristics:

·        Freestanding commercial building totalling 298sqm* with 14* designated carparks

·        Positioned on an 809sqm* land parcel zoned Centre under the Moreton Bay town planning scheme

·        Dual street frontage to Anzac Avenue (exposure to over 20,000 passing vehicles daily), and the Kippa-Ring & Peninsula Fair Shopping Centres

·        Westpac have occupied this location for over 35 years and have signed a 5-year lease with options extending until 2034 and featuring 3% p.a fixed rent reviews

·        Net return of $149,057p.a

·        Located 27km* north of the Brisbane CBD

·        Offers a high degree of access provided through connection to arterial roads, linkages and public transport infrastructure

·        The Moreton Bay Region’s population is expected to grow by 64.4% from 2021-2046 which will inevitably underpin rental and price growth for commercial assets through this region

For further information, please contact the exclusive agents from Cushman & Wakefield.

*Approximate