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20 Stewart Road, Ashgrove, QLD, 4060

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20 Stewart Road, Ashgrove, QLD, 4060

Ashgrove

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20 Stewart Road, Ashgrove, QLD, 4060

Ashgrove

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20 Stewart Road, Ashgrove, QLD, 4060

20 Stewart Road, Ashgrove, QLD, 4060

Properties / Sold / Queensland / Ashgrove
Tenanted Investment
Selling Method
Auction
Selling Details
Auction 30 August 2024 9:45am
Land Area
463 m² (*approx)
Floor Area
323 m² (*approx)
Property Type
Retail, Health/Medical, Offices
Sub-type
Office Suites, Mixed Use
Est. Income
$191,933 p/a
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Fully Leased Brisbane Retail Centre | 5.22 Year WALE

RWC Retail are proud to present 20 Stewart Road, Ashgrove. For sale by Auction on Friday 30th August 2024, 9:45am at Level 26, 111 Eagle Street Brisbane City.

|What|

• Fully leased 323sqm* suburban retail centre with just four tenants

• Underpinned by three tenants for 19 years, with the fourth leasing for 10 years

• Long 5.22 Year WALE, with all tenants on renewed leases

• 11 on-site undercover parking bays

• Net Income of $191,933 + GST p.a.

|Where|

• High-profile corner land parcel with 3-street frontage in the heart of Ashgrove

• 4km* from the Brisbane CBD in a thriving retail precinct

• Within 200m* of three major supermarkets and five national bank branches

• At the meeting point of four major roads, creating a bustling hub servicing far beyond its immediate locale

• Serviced by significant education amenities including 10 schools & 14 childcare centres within 2km*.

|Why|

• A proven trading history and a secure future to four beloved local tenants

• Inflation resilient CPI increases for all tenants

• A true set & forget investment with all tenants on net leases

• First time ever offered to market

*Approximately

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

20 Stewart Road Investment Summary

Property Type
Retail, Health/Medical, Offices
Sub-type
Office Suites, Mixed Use
Est. Income
$191,933 p/a
Wale
5.22 years
Land Area
463 m² (*approx)
Floor Area
323 m² (*approx)
Selling Method
Auction
Auction Date
30 Aug 2024 09:45AM
Selling Details
Auction 30 August 2024 9:45am

Investment Highlights

Fully Leased Brisbane Retail Centre | 5.22 Year WALE

RWC Retail are proud to present 20 Stewart Road, Ashgrove. For sale by Auction on Friday 30th August 2024, 9:45am at Level 26, 111 Eagle Street Brisbane City.

|What|

• Fully leased 323sqm* suburban retail centre with just four tenants

• Underpinned by three tenants for 19 years, with the fourth leasing for 10 years

• Long 5.22 Year WALE, with all tenants on renewed leases

• 11 on-site undercover parking bays

• Net Income of $191,933 + GST p.a.

|Where|

• High-profile corner land parcel with 3-street frontage in the heart of Ashgrove

• 4km* from the Brisbane CBD in a thriving retail precinct

• Within 200m* of three major supermarkets and five national bank branches

• At the meeting point of four major roads, creating a bustling hub servicing far beyond its immediate locale

• Serviced by significant education amenities including 10 schools & 14 childcare centres within 2km*.

|Why|

• A proven trading history and a secure future to four beloved local tenants

• Inflation resilient CPI increases for all tenants

• A true set & forget investment with all tenants on net leases

• First time ever offered to market

*Approximately

Remember to mention you found this property on CommercialReady

Read More

Supporting Information

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Tenanted Investment

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20 Stewart Road, Ashgrove, QLD, 4060

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Property Location of 20 Stewart Road, Ashgrove, QLD, 4060

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20 Stewart Road, Ashgrove, QLD, 4060 Ashgrove
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