Skip to Main Content

8-24 Browns Plains, Browns Plains, Qld 4118

8-24 Browns Plains, Browns Plains, Qld 4118

Retail

  • For Sale
  • PLEASE CONTACT EXCLUSIVE AGENTS
  • Expression of Interest

UNIQUE FULLY LEASED INVESTMENT OPPORTUNITY WITHIN THE PROMINENT BROWNS PLAINS RETAIL HUB

  • WALE of 6.5* Years by income
  • Anchored by a 3,122sqm* Woolworths
  • Diverse national & chain tenant profile

  • Land Area
  • 2.07ha (5.12 acres) (approx)
  • Floor Area
  • 5,978 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Oct 05, 2022

Interested in this property? Contact an Agent today

CBRE - Brisbane

Waterfront Place Level 3, 1 Eagle Street

Brisbane City Qld 4000

Michael Hedger, CBRE - Brisbane
Michael Hedger

UNIQUE FULLY LEASED INVESTMENT OPPORTUNITY WITHIN THE PROMINENT BROWNS PLAINS RETAIL HUB

CBRE are pleased to offer for sale Westpoint Shopping Centre, a unique fully leased investment opportunity secured by Woolworths and strategically positioned within the prominent retail hub of Browns Plains.

Key Highlights include:
• Securely anchored by a 3,122sqm* Woolworths Supermarket which has been in occupation since 2008.
• A diverse national and chain tenant profile representing 73% of the gross income including BWS, TSG, BOQ, Chemist Discount Centre, Subway, a Hungry Jacks drive-thru pad site, and others.
• Strategically positioned 21km* south of the Brisbane CBD within the prominent retail hub of Browns Plains.
• Located on an expansive 2.07HA* site with an extremely low site coverage of 29%.
• Immediate value add opportunity via a development approved extension comprising a 432sqm additional tenancy situated in the south-western portion of the site.
• The Centre boasts a 100% occupancy with a significant 6.5* years WALE by income.
• Fully leased net income $2,531,000 p.a.^*

For Sale via an Expressions of Interest campaign closing Wednesday 14th September 2022 at 4pm (AEST).

For further information on this unique

8-24 Browns Plains, Browns Plains, Qld 4118

Be the first to see new properties

Sign up for a MyCommercial account to get property alerts.

Get Email Alerts