New 10 Year Lease to National Tenant
SOLD
535 Kessels Road
Macgregor QLD 4109
Retail
FOR SALE
2500m2
ââ¬Â¢ Leased to AMF Bowling (Macquarie Leisure) until 2019 with options
ââ¬Â¢ Net income: $397,500*
ââ¬Â¢ Fixed annual rental growth of 3.5%
ââ¬Â¢ Trade area is at 453,900* persons including 168,360* persons in the primary trade area
ââ¬Â¢ Land rich investment occupying a 9,319*sqm site with a 50m* frontage to Kessels Road
ââ¬Â¢ Close proximity to Westfield Garden City (1km*), ANZ Stadium (600m*) and Griffith University (1km*)
*Approx.
ââ¬Â¢ Net income: $397,500*
ââ¬Â¢ Fixed annual rental growth of 3.5%
ââ¬Â¢ Trade area is at 453,900* persons including 168,360* persons in the primary trade area
ââ¬Â¢ Land rich investment occupying a 9,319*sqm site with a 50m* frontage to Kessels Road
ââ¬Â¢ Close proximity to Westfield Garden City (1km*), ANZ Stadium (600m*) and Griffith University (1km*)
*Approx.