Sold

42-48 Bourke Street,
Waterford West 4133, Queensland

59 car spaces
3,618m² land size
1,167m² building size
Retail

Price withheld


WATERFORD VILLAGE LEASED INVESTMENT - NET INCOME $374,725.06* + GST (*6.24%) Return

Ray White Commercial TradeCoast are pleased to present 42 Bourke Street Waterford West also known as Waterford Village to the market. Waterford Village is a 1,167sqm* leased investment offering a net annual income of $374,725.06* + GST.

Investment Highlights:
• 3618sqm* site zoned District-Centre
• Opportunity to purchase leased investment with passive net income of $374,725.06.
• 54% of centre has a WALE of 7.42*
• The assets has a WALE of 2.94* with strong mix of tenants.
• Existing tenants include Anytime Fitness, Pizza Hut, Real Estate, Airliquide, and additional tenants (see tenancy schedule)
• Guaranteed income growth with majority of tenants on 3% annual increases.
• Generous car parking with 59 car parks servicing the precinct.
• High exposure site positioned with neighbouring businesses, Aldi Supermarket, Queensland Tavern and Hatchlings Early Learning Childcare Centre

Location Features:
• 1.5 km* from Logan Motorway (M6)
• 25km* from Brisbane CBD as the crow flies
• 19km* from Logan City
• 2.1km* from Loganlea
• 2.6km* from Loganlea railway station
• 38.6km* from Brisbane Airport
• 57km* from Gold Coast

For further information contact Ray White Commercial TradeCoast Marketing agent Franz Stapelberg on 0430 655 676.

* Approx.

Explore the area


School catchments

  • Marsden State School Primary Prep-6 Government 1.4km
  • Waterford West State School Primary Prep-6 Government 1.8km
  • Groves Christian College Combined Prep-12 Independent 2.3km
  • Kingston State School Primary Prep-6 Government 2.4km
  • Burrowes State School Primary Prep-6 Government 2.7km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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