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149 George Street, Beenleigh, QLD, 4207
Beenleigh
CBRE Retail Investments are pleased to present to market 149 George Street, Beenleigh.
- Underpinned by secure long-term 10 year leases to Taco Bell & The Yiros Shop, with excellent income security via a lengthy 7.3 year WALE (by income).
- Commanding 2,596m2* site with a 46m* direct frontage to George Street and positioned alongside Hungry Jacks and opposite Beenleigh Marketplace Shopping Centre, providing excellent traffic generators.
- Located in a major growth corridor area at the midway point between Brisbane and the Gold Coast, the property is situated 33km* south-east of the Brisbane CBD and 38km north-west* of Surfers Paradise.
- The rising construction cost environment further underpins this built form asset as a purchase well below replacement cost with the opportunity for revisionary income in the future.
- Recently built in 2020, the property offers significant depreciation benefits and a tax effective income stream.
- Easily managed and defensive income stream with built in income growth of 3% per annum.
- Net Income $331,000 per annum*^ + GST.
For Sale via Expressions of interest closing Thursday 23rd November 2023 at 4:00pm (AEST).
For further information, please reach out to the sales and marketing agents.
*Approximate. ^As at 1 March 2024
Remember to mention you found this property on CommercialReady
CBRE Retail Investments are pleased to present to market 149 George Street, Beenleigh.
- Underpinned by secure long-term 10 year leases to Taco Bell & The Yiros Shop, with excellent income security via a lengthy 7.3 year WALE (by income).
- Commanding 2,596m2* site with a 46m* direct frontage to George Street and positioned alongside Hungry Jacks and opposite Beenleigh Marketplace Shopping Centre, providing excellent traffic generators.
- Located in a major growth corridor area at the midway point between Brisbane and the Gold Coast, the property is situated 33km* south-east of the Brisbane CBD and 38km north-west* of Surfers Paradise.
- The rising construction cost environment further underpins this built form asset as a purchase well below replacement cost with the opportunity for revisionary income in the future.
- Recently built in 2020, the property offers significant depreciation benefits and a tax effective income stream.
- Easily managed and defensive income stream with built in income growth of 3% per annum.
- Net Income $331,000 per annum*^ + GST.
For Sale via Expressions of interest closing Thursday 23rd November 2023 at 4:00pm (AEST).
For further information, please reach out to the sales and marketing agents.
*Approximate. ^As at 1 March 2024
Remember to mention you found this property on CommercialReady
149 George Street, Beenleigh, QLD, 4207
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
