33 Lytton Road, East Brisbane QLD

For Sale

Retail

For Sale by Negotiation

1916m2

    • Building Name Mowbray Plaza
Mowbray Plaza comprises a prime, dominant, modern convenience-based retail centre anchored by a 1,219sqm* Supa IGA Supermarket and supported by a dynamic mix of 6 specialty tenancies including a BWS Bottle Shop, Pharmacy, Beauty Salon and featuring a complementary mix of food tenants – Spoon Deli Café, Sushi Kiyo Restaurant and Raj’s Palace Indian Restaurant.

Mowbray Plaza occupies a prominent inner city corner location with excellent exposure and access to Lytton Road. Lytton Road is a key arterial road that connects the affluent inner city suburbs of East Brisbane, Kangaroo Point, Norman Park, Bulimba and Hawthorne with the Brisbane CBD and Fortitude Valley via the Storey Bridge. The Centre is located within 1.5* radial kilometres of the Brisbane CBD.

Key attributes include:

- Strongly trading Dominant Inner City Retail Centre

- Anchored by a 1,219sq m* Supa IGA – the only Supermarket in the Main Trade Area^

- Dynamic tenancy mix including a Pharmacy, BWS Bottle Shop, Beauty Salon, 2 Restaurants and Spoon Deli Cafe

- Long lease expiry profile (WALE) of 6.3 years* by income including a 10 year lease to Supa IGA to late 2024 plus options to 2044

- Prime high exposure location on Lytton Road within 1.5km* of the Brisbane CBD

- Affluent Main Trade Area with income levels 52%*^ above the Brisbane average

- Major growth location with over 11,000*^ inner city apartments currently under construction

- Floor Area: 1,916sq m*

- Net Income: $922,297pa*

Mowbray Plaza is offered For Sale by Negotiation.

*Approximate
^MacroPlan Dimasi