CBRE is pleased to present to market Berrinba Central.
• Diverse income profile underpinned by The Queensland Government (48% income and 8 year lease), and further complemented by Lifeline (8 years), Little Snappers Swim School (10 years) and Childcare (15 years).
• Recently completed to service the rapidly growing catchment, the asset offers significant depreciation benefits and a tax effective income stream.
• Located within the $45mil+ De Luca built Berrinba Central development, the property sits alongside several international and national tenants, including McDonalds & KFC
• The continual supply constraints and rise in construction prices places this asset below replacement costs.
• Located 24km* south of the Brisbane CBD in the heart of the Logan Catchment, the fastest growing Local Government Area in Queensland, with a growth rate of 4.1% p.a. Berrinba is supported by some of the fastest growing SEQ suburbs including Browns Plains, Marsden, Crestmead and Regents Park.**
• Net Income $882,000^ + per annum
Berrinba Central is For Sale via immediate offers to purchase.
For further information on this opportunity, please reach out to sales and marketing agent.
*Approximate. ^As at 1 August 2024. **
Remember to mention you found this property on CommercialReady
CBRE is pleased to present to market Berrinba Central.
• Diverse income profile underpinned by The Queensland Government (48% income and 8 year lease), and further complemented by Lifeline (8 years), Little Snappers Swim School (10 years) and Childcare (15 years).
• Recently completed to service the rapidly growing catchment, the asset offers significant depreciation benefits and a tax effective income stream.
• Located within the $45mil+ De Luca built Berrinba Central development, the property sits alongside several international and national tenants, including McDonalds & KFC
• The continual supply constraints and rise in construction prices places this asset below replacement costs.
• Located 24km* south of the Brisbane CBD in the heart of the Logan Catchment, the fastest growing Local Government Area in Queensland, with a growth rate of 4.1% p.a. Berrinba is supported by some of the fastest growing SEQ suburbs including Browns Plains, Marsden, Crestmead and Regents Park.**
• Net Income $882,000^ + per annum
Berrinba Central is For Sale via immediate offers to purchase.
For further information on this opportunity, please reach out to sales and marketing agent.
*Approximate. ^As at 1 August 2024. **
Remember to mention you found this property on CommercialReady
5 Peter Way, Berrinba, QLD, 4117