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55-75 Braun Street, DEAGON, QLD, 4017
Tenanted Investment
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Property Highlights

Neighbourhood Shopping Centre in Metropolitan Brisbane

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

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