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Retail for Sale in Capalaba
Brisbane Shopping Centre with Catchment Monopoly
- Building: 1,181m²
- Land: 4,942m²
Next Steps:
Enquire with agentRay White Retail are proud to present Ney Road Shopping Centre at 76-84 Ney Road, Capalaba (Brisbane), QLD. For sale
|What|
• Convenience-based 1,181sqm* Brisbane shopping centre
• High profile 4,942sqm corner landholding with low (24%) site coverage
• Proven tenancy mix which includes a Friendly Grocer, Dentist, Liquor Legends and Pharmacy
• Low maintenance investment with all tenants on net leases
• Defensive 3.28 Year WALE
• Estimated Fully Leased Net Income of $595,478* + GST p.a.
|Where|
• Excellent exposure with 199m* of frontage across three streets and over 134,400 vehicles weekly
• 60 on-site car parks (1:20sqm* building area)
• Essential bayside Brisbane precinct, 18km* East of the Brisbane CBD
|Why|
• The only shopping centre & grocery offering within a 2km* radius
• Servicing a captive catchment of over 15,600 people
• Over two-thirds of the centre is leased to essential service and everyday tenants
• 64% of tenants have occupied at the centre for a decade or longer, with one dating back to 2001
• Affordable Brisbane retail rents, averaging $540/sqm*
*Approximately
1,181m²
4,942m² / 1.22 acres
Tenanted
Retail, Medical/Consulting, Showrooms/Bulky Goods
Next Steps:
Enquire with agentThis property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Agents
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