WATERFORD VILLAGE LEASED INVESTMENT - NET INCOME $374,725.06* + GST (*6.24%) Return

SOLD

42-48 Bourke Street

Waterford West QLD 4133

Retail

FOR SALE

1167m2

Ray White Commercial TradeCoast are pleased to present 42 Bourke Street Waterford West also known as Waterford Village to the market. Waterford Village is a 1,167sqm* leased investment offering a net annual income of $374,725.06* + GST.

Investment Highlights:
• 3618sqm* site zoned District-Centre
• Opportunity to purchase leased investment with passive net income of $374,725.06.
• 54% of centre has a WALE of 7.42*
• The assets has a WALE of 2.94* with strong mix of tenants.
• Existing tenants include Anytime Fitness, Pizza Hut, Real Estate, Airliquide, and additional tenants (see tenancy schedule)
• Guaranteed income growth with majority of tenants on 3% annual increases.
• Generous car parking with 59 car parks servicing the precinct.
• High exposure site positioned with neighbouring businesses, Aldi Supermarket, Queensland Tavern and Hatchlings Early Learning Childcare Centre

Location Features:
• 1.5 km* from Logan Motorway (M6)
• 25km* from Brisbane CBD as the crow flies
• 19km* from Logan City
• 2.1km* from Loganlea
• 2.6km* from Loganlea railway station
• 38.6km* from Brisbane Airport
• 57km* from Gold Coast

For further information contact Ray White Commercial TradeCoast Marketing agent Franz Stapelberg on 0430 655 676.

* Approx.