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For Sale

Ground Building Lot, 163 Alawoona St REDBANK PLAINS

New Retail Suburban Shopping Complex Property ID:109703

  • Free Standing Investment Property
  • Current Net Income $272,189

Fernbrooke is located as a new suburb with the Redbank Plains postcode approximately 32 kilometres south-west of the Brisbane CBD and approximately 9 kilometres south-east of expanding Ipswich.
The property is situated in the master planned community known as Fernbrooke in Redbank Plains. Redbank railway station is situated approximately 7 kilometres north of the subject property in addition to a new Redbank Plains Railway Station that is proposed within close proximity to the subject property.

Red edge Fernbrooke comprises a single level convenience centre which commenced trading in August 2012. The retail accommodation is arranged over a single level open style layout with NightOwl positioned towards the north eastern corner of the centre. The speciality tenancies are arranged over two integrated building envelopes extending from either side of the NightOwl entrance.

- Free Standing Investment Property
- Current Net Income $272,189
- 27 Car Bays on site (5.49:100sqm of NLA)
- 7 Speciality Tenancies (Anchored by NightOwl)
- Generous depreciation scheme in place