High Profile Investment Opportunity Securely Leased to one of Australia's Leading Retailers

SOLD

7 Pittwin Road

Capalaba QLD 4157

Retail

FOR SALE

7817m2

    • Building Name Bunnings Warehouse, Capalaba
* Strongly trading Bunnings Warehouse superbly located in major regional retail/commercial precinct opposite Capalaba Park and Capalaba Central Sub-regional Shopping Centres

* Located in a densely populated residential catchment, servicing a total main trade area of 149,890* persons with strong forecast population growth increasing to 172,430* persons by 2021 (Source: Pitney Bowes MapInfo)

* Main Store Area 7,817sqm*

* Prominent 2.42ha* site with car parking for approximately 270 vehicles and dual street frontage to Mount Cotton Road and Pittwin Road, also located in close proximity to major regional arterial Redland Bay Road

* 'Major Centre' zoning providing for versatile future development flexibility (STCA)

* Securely leased for 12 + 5 + 5 + 5 years to one of Australia's leasding retailers

* Net Income - $1,187,118 p.a.*

*Approx.