Modern Retail Investment With 7 Year Lease To 2030 + Options To 2040

  • $1,500,000/Contact the Stonebridge Team

Property Description

Stonebridge is pleased to present ‘Salvos Yarrabilba (Brisbane)’ for sale via National Portfolio Auction on 19 February at 10:30am (AEDT).

The asset has the following key investment features:

– Secure 7 year lease to 2030 plus 2 further 5 year options to 2040 with fixed 3% annual rent increases

– Salvos – an established government funded non for profit with 400+ stores nationally boasting 2025 revenue of $1.15+ billion*

– Modern 738 sqm* concrete tilt panel building complete in 2023 offering strong depreciation benefits and serviced by 21 carparks.

– Diverse retail location nearby to abundance of national retailers including Ampol, Ultratune, Kennards, KFC and Red Rooster

– Set within a priority development area, the immediate surrounds are set to transform with ample opportunity for future development.

– Yarrabilba – strategically situated in Stockland’s $3 billion+ master planned community nestled within one of Southeast Queensland’s fastest growing corridors, set to deliver 20,000+ dwellings and accommodate 50,000+ residents across a 2,222 ha* development

– Brisbane – Booming capital city and economic engine of the $409 Billion* Queensland economy, population forecast to grow 40% in the next 20 years to 3.5 million* residents

– Net Income $169,197 pa* + GST

‘Salvos Yarrabilba (Brisbane)’ is for sale via National Portfolio Auction on 19 February at 10:30am (AEDT).

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately

Our ID: a0TOd00000dEl0eMAC
Our Ref: National Portfolio, Retail, Large Format Retail

Property Code: 1557

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