Sold
Retail

55-75 Braun Street Deagon, QLD 4017

Sold on 6 Oct 20223D Tour
  • Building: 6,005m²
  • Land: 1.407 ha (3.48 acres)
Agents

Sold By

  • Loading...
  • Loading...

Retail in Deagon

Neighbourhood Shopping Centre in Metropolitan Brisbane

  • Building: 6,005m²
  • Land: 1.407 ha (3.48 acres)

Ray White Commercial QLD is pleased to offer for sale Marketplace Deagon - a proven performer with an exceptional tenant retention history with over 87%* (by GLA) of tenancies leased since 2011.

|WHAT|
• Anchored by a Fresh & Save Supermarket on a 15 year lease to 2031, and a very affordable $212/sqm* gross rent
• Fresh & Save have 7 locations across South-East Queensland and provide the catchment with a genuine low cost, high quality point of difference
• Supported by 5 non-discretionary mini-major tenants including Good Price Pharmacy, Guppy's Early Learning Centre, The Reject Shop, Rackley Swim School and Club Lime (ASX listed VIVA Leisure)
• Positioned on a commanding 14,070sqm site, with 121m of direct street frontage
• Estimated fully leased net income of $1,448,793* + GST pa

|WHERE|
• Situated 15km North of the Brisbane CBD along Braun Street, an extension of Sandgate Road - one of Brisbane's busiest arterials
• Designed to command attention from the 36,000** vehicles passing daily, providing exceptional branding for tenants
• Servicing an MTA of over 59,000 residents, with projected retail expenditure growth of over 46% to $1.411 billion by 2036^

|WHY|
• Future financial security with 5.85* year WALE (by area) and proven historical performance with longstanding tenants
• 4 of 5 mini-major tenants have occupied for between 14-21 years and 5 of 7 specialty tenants for between 11-30 years
• Good Price Pharmacy was founded at Marketplace Deagon 21 years ago and the same Medical Centre has leased for over 30 years
• Unrivalled convenience with dedicated signalised access and 225* at-grade and on-deck car parks

*Approximately
** Sitewisely
^Location IQ

Building:

6,005m²

Land:

1.407 ha / 3.48 acres

Tenancy:

Tenanted

Categories:

Retail, Medical/Consulting

55-75 Braun Street, Deagon, QLD 4017