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264 Rode Road, Wavell Heights, QLD, 4012

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264 Rode Road, Wavell Heights, QLD, 4012

264 Rode Road, Wavell Heights, QLD, 4012

Properties / Sold / Queensland / Wavell Heights
Tenanted Investment

1. Property Summary

Selling Method
Auction
Selling Details
Auction 29 November 2024 9:45am
Land Area
341 m² (*approx)
Floor Area
220 m² (*approx)
Property Type
Retail, Offices, Child/Healthcare
Est. Income
$120,452 p/a
Show All

2. Property Highlights

Entry-Level Brisbane Retail Centre| Passive 3.96 Year WALE

RWC Retail are proud to present 264 Rode Road, Wavell Heights. For Sale by Auction on Friday 29th November, 9:45am (AEST) at Level 26, 111 Eagle Street, Brisbane City.

|What|

• Fully leased 220sqm* retail centre with just three tenants

• True set and forget investment that ticks every box

• Strong 3.96 year WALE

• Passive net leases, with tenants paying for all the usual outgoings

• Fully Leased Net Income of $120,452 + GST p.a.

|Where|

• Prominent corner land parcel with exposure to over 172,000 vehicles weekly

• Positioned in the heart of Wavell Heights, just 8km* from the Brisbane CBD,

• Located at the intersection of two major roads, in close proximity to 3 schools and major retail & medical precincts

|Why|

• Landlord favourable annual rent increases of CPI and 4%

• Longstanding tenant history, with two tenants occupying for over 16 years

• An affordable, low-maintenance property makes this an ideal entry-level investment

• High profile corner with outstanding positioning on a busy intersection between two major roads.

• 6 on-site parking bays, providing convenient customer access

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

1. Property Summary

Property Type
Retail, Offices, Child/Healthcare
Est. Income
$120,452 p/a
Number Of Tenants
3
Wale
3.96 years
Land Area
341 m² (*approx)
Floor Area
220 m² (*approx)
Selling Method
Auction
Auction Date
29 Nov 2024 09:45AM
Add to calendar
Selling Details
Auction 29 November 2024 9:45am

2. Property Highlights

Entry-Level Brisbane Retail Centre| Passive 3.96 Year WALE

RWC Retail are proud to present 264 Rode Road, Wavell Heights. For Sale by Auction on Friday 29th November, 9:45am (AEST) at Level 26, 111 Eagle Street, Brisbane City.

|What|

• Fully leased 220sqm* retail centre with just three tenants

• True set and forget investment that ticks every box

• Strong 3.96 year WALE

• Passive net leases, with tenants paying for all the usual outgoings

• Fully Leased Net Income of $120,452 + GST p.a.

|Where|

• Prominent corner land parcel with exposure to over 172,000 vehicles weekly

• Positioned in the heart of Wavell Heights, just 8km* from the Brisbane CBD,

• Located at the intersection of two major roads, in close proximity to 3 schools and major retail & medical precincts

|Why|

• Landlord favourable annual rent increases of CPI and 4%

• Longstanding tenant history, with two tenants occupying for over 16 years

• An affordable, low-maintenance property makes this an ideal entry-level investment

• High profile corner with outstanding positioning on a busy intersection between two major roads.

• 6 on-site parking bays, providing convenient customer access

Remember to mention you found this property on CommercialReady

Read More

3. Supporting Information

The links below will open a new tab

link-external-01 External Link 1
Tenanted Investment
Lachlan O'Keeffe
Lachlan O'Keeffe
+61 *** *** *** show +61 413 464 137
Michael Feltoe
Michael Feltoe
+61 *** *** *** show +61 447 714 899

Download Development Site Report
Lachlan O'Keeffe
Lachlan O'Keeffe
+61 *** *** *** show +61 413 464 137
Michael Feltoe
Michael Feltoe
+61 *** *** *** show +61 447 714 899

4. Property Location

264 Rode Road, Wavell Heights, QLD, 4012

Property Map
Street View
264 Rode Road, Wavell Heights, QLD, 4012 Wavell Heights
RWC Retail
RWC Retail
Lvl 26/111 Eagle St, Brisbane QLD 4000
Lachlan O'Keeffe
Lachlan O'Keeffe
+61 *** *** *** show +61 413 464 137
Michael Feltoe
Michael Feltoe
+61 *** *** *** show +61 447 714 899
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