Back to previous step
168 Algester Road, Calamvale, QLD, 4116
Calamvale
CBRE are pleased to present to market Central Park, Calamvale – An established investment underpinned by a diverse and resilient income profile with exposure across the medical, retail & residential sectors.
Key Investment Highlights:
- Irreplaceable 5,024sqm* freehold site with a 50m* dominant exposure to Algester Road that captures over 68,000* cars weekly.
- 1,003sqm* fully leased medical, retail and residential investment opportunity offering a diverse income profile.
- Resilient tenancy composition with a focus on non-discretionary retailers, with medical and allied health operators representing 51% of GLA.
- Additional income security via twelve 3 bed, 2 bathroom and 1 car residential apartments, positioned at the rear.
- Strategically positioned in one of Brisbane's sought-after and populous residential corridors only 20km* from Brisbane CBD.
- Convenient parking for 55** vehicles via the on-grade car park with dual street access from Algester Road & Central Street.
- Certain, high-growth income stream reflecting an average weighted rent review of 3.55% p.a.
- The recent change to Neighborhood Centre (NC) zone allows the incoming purchaser complete flexibility for future development outcomes.
- Opportunity for genuine growth across the income profile via rent reversions with current rental’s sitting below recent market comparable evidence.
- Net Income of $613,000* p.a. + GST
For Sale vie Expressions of Interest closing Thursday 22nd June at 4:00pm (AEST).
For further information, please contact one of the sales and marketing agents.
* Approx
** Excluding residential car parks
Remember to mention you found this property on CommercialReady
CBRE are pleased to present to market Central Park, Calamvale – An established investment underpinned by a diverse and resilient income profile with exposure across the medical, retail & residential sectors.
Key Investment Highlights:
- Irreplaceable 5,024sqm* freehold site with a 50m* dominant exposure to Algester Road that captures over 68,000* cars weekly.
- 1,003sqm* fully leased medical, retail and residential investment opportunity offering a diverse income profile.
- Resilient tenancy composition with a focus on non-discretionary retailers, with medical and allied health operators representing 51% of GLA.
- Additional income security via twelve 3 bed, 2 bathroom and 1 car residential apartments, positioned at the rear.
- Strategically positioned in one of Brisbane's sought-after and populous residential corridors only 20km* from Brisbane CBD.
- Convenient parking for 55** vehicles via the on-grade car park with dual street access from Algester Road & Central Street.
- Certain, high-growth income stream reflecting an average weighted rent review of 3.55% p.a.
- The recent change to Neighborhood Centre (NC) zone allows the incoming purchaser complete flexibility for future development outcomes.
- Opportunity for genuine growth across the income profile via rent reversions with current rental’s sitting below recent market comparable evidence.
- Net Income of $613,000* p.a. + GST
For Sale vie Expressions of Interest closing Thursday 22nd June at 4:00pm (AEST).
For further information, please contact one of the sales and marketing agents.
* Approx
** Excluding residential car parks
Remember to mention you found this property on CommercialReady
168 Algester Road, Calamvale, QLD, 4116
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
