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SOLD

33 Lytton Road, East Brisbane, QLD, 4169

Properties / Sold / Queensland / East Brisbane

Tenanted Investment

1. Property Summary

Selling Method

EOI

Selling Details

PLEASE CONTACT EXCLUSIVE AGENTS

Land Area

2,019 m² (*approx)

Floor Area

2019 m² (*approx)

Property Type

Retail

Sub-type

Shopping Centre, Mixed Use

Est. Income

$1,010,000 p/a

Fully Leased

Anchored by Seasons IGA Supermarket

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2. Property Highlights

IRREPLACEABLE RETAIL TROPHY INVESTMENT LOCATED ON THE FRINGE OF THE BRISBANE CBD

2km east of the Brisbane CBD
Long term 6.6 year WALE (by income)
2,019sqm retail centre anchored by IGA

CBRE Retail Investments are pleased to present to market East Brisbane Marketplace - A highly sought-after Brisbane metropolitan neighbourhood centre.

• 2,019sqm* metropolitan retail centre, anchored by a high performing 1,413sqm* Seasons IGA Supermarket, occupying 70%* of GLA

• Diverse and defensive tenancy mix including BWS, Pharmacy, Brazilian Beauty, Cafe and Sushi.

• The fully leased centre offers unparalleled income security via a long 6.6 year WALE (by income).

• Dominant high-profile location with an exceptional 75m* of direct exposure to a high level of passing commuters and traffic via Lytton Road, capturing 350,000* cars weekly, a major east-west 6 lane arterial connecting the eastern suburbs to the Brisbane CBD.

• Located on the fringe of the Brisbane CBD (2km* east) in an elite densely populated inner-city location, with significant surrounding infrastructure including the 2032 Brisbane Olympic Precinct and the Cross River Rail project.

• MTA retail expenditure is forecast to grow over 53% to $842M p.a. BY 2036**.

• Fully leased net income $1,010,000* + per annum

East Brisbane Marketplace is For Sale by Expressions of Interest closing 4:00pm (AEST) Thursday 29th February 2024.

For further information on the investment opportunity, please reach out to Michael Hedger or Joe Tynan.

*Approximate **LIQ Report

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