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Retail in Ascot
Leased Investment - Brand new 5 year lease
- Building: 52m²
RWC Queensland is pleased to exclusively offer for sale 18/145 Racecourse Rd, Ascot for sale by Public Auction on Thursday 21 March 2024 at 3pm (AEST), to be held in-rooms at Lvl 26, 111 Eagle Street, Brisbane QLD 4000.
This is an exceptional entry level leased investment opportunity in one of the most prestigious suburbs in Brisbane. A well presented 52 sqm* tenancy with a new five (5) year lease with a five (5) year option until 2034.
Key investment highlights:
- Secure 5 year lease plus 5 year option to January 2034
- Fixed 4% annual rent increases
- Tenant pays 100% outgoings
- Well presented 52sqm* ground floor tenancy
- Located at the top of one of Brisbane's premier high streets
- Ample on site car parking at the rear
- 150m* to Eagle Farm Racecourse entry
- 250m* to Coles
- 450m* to Ascot Train Station
- 1.4km* to Portside Wharf and future Brisbane Olympics Games Athletes Village
- 5km* to Brisbane CBD
- Close proximity to some of Brisbane's best dining, retailers and boutiques
- Affluent demographic with median family income 60%^ higher than QLD average
- Net Income: $52,000 per annum plus GST
Please contact the marketing agents for further information. This property will be sold at auction.
Building:
52m²
Tenancy:
Tenanted
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