Solid Performing & Fully Leased Brisbane Shopping Centre - For Sale
SOLD
Bracken Ridge QLD 4017
Retail
FOR SALE
6067m2
- Building Name Bracken Ridge Plaza Shopping Centre
Bracken Ridge Plaza, QLD
ââ¬Â¢ Modern food, service and convenience based retail complex featuring a Coles supermarket, 26 specialties, a kiosk and 7 ATMs, providing a GLA of 6,067sqm (approx.)
ââ¬Â¢ Secure income stream with Coles supermarket occupying 52% (approx.) of the total GLA and committed until 2019 via a 15 year lease, with 3x5 year options
ââ¬Â¢ High profile, 2.4ha (approx.) corner site at the intersection of two major arterial roads, with easy access and at-grade parking for 365 cars (approx.)
ââ¬Â¢ Metropolitan Brisbane location, just 16km* north of the CBD, with a main trade area of 68,310 persons (approx.) in 2008 (Source: Pitney Bowes Business Insight)
ââ¬Â¢ Recently redeveloped and refurbished with limited requirement for CAPEX in the short to medium term
ââ¬Â¢ Fully leased net income - $1,610,000 p.a. (approx.)
EXPRESSION OF INTEREST Closing Date:
12 Noon (AEST), Thursday, 11 June 2009
For further information please contact:
Simon Rooney
Head of Retail Investments - Australia
Telephone: +61 2 9220 8497
Mobile: 0418 284 680
Email: simon.rooney@ap.jll.com
Jacob Swan
Queensland Retail Investments
Telephone: +61 7 3231 1340
Mobile: 0402 704 896
Email: jacob.swan@ap.jll.com
ââ¬Â¢ Modern food, service and convenience based retail complex featuring a Coles supermarket, 26 specialties, a kiosk and 7 ATMs, providing a GLA of 6,067sqm (approx.)
ââ¬Â¢ Secure income stream with Coles supermarket occupying 52% (approx.) of the total GLA and committed until 2019 via a 15 year lease, with 3x5 year options
ââ¬Â¢ High profile, 2.4ha (approx.) corner site at the intersection of two major arterial roads, with easy access and at-grade parking for 365 cars (approx.)
ââ¬Â¢ Metropolitan Brisbane location, just 16km* north of the CBD, with a main trade area of 68,310 persons (approx.) in 2008 (Source: Pitney Bowes Business Insight)
ââ¬Â¢ Recently redeveloped and refurbished with limited requirement for CAPEX in the short to medium term
ââ¬Â¢ Fully leased net income - $1,610,000 p.a. (approx.)
EXPRESSION OF INTEREST Closing Date:
12 Noon (AEST), Thursday, 11 June 2009
For further information please contact:
Simon Rooney
Head of Retail Investments - Australia
Telephone: +61 2 9220 8497
Mobile: 0418 284 680
Email: simon.rooney@ap.jll.com
Jacob Swan
Queensland Retail Investments
Telephone: +61 7 3231 1340
Mobile: 0402 704 896
Email: jacob.swan@ap.jll.com