For Sale

212 Cracknell Road, Tarragindi QLD 4121

12 Car

For Sale

212 Cracknell Road, Tarragindi QLD 4121

12 Car

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FULLY LEASED CORNER SHOPPING CENTRE

212 Cracknell Road offers a high exposure neighbourhood shopping centre located on a large 997m2 island corner lot.

This popular suburban retail hub is a local, already well-established complex with a great range of mixed tenants, 5km* from Brisbane’s CBD.

-Net Income of approximately $300,000 per annum + GST
-Fully tenanted investment with a great variety of tenants, anchored by neighbourhood hot spots like BNE Barraca, a local go-to café.
-372m2* build area with significant capital expenditure invested in 2016 creating modern newly renovated stores.
-997m2 corner island block providing an excellent 63m* street frontage.
-12 on-site carparks, with ample street parking for customers
-Nc Neighbourhood Center Development Zone
-Long standing tenants ranging from cafés to architects providing a 2.29-year WALE (By Area)
-Very accessible via public transport and major connection roads, with ample nearby bus stops along with close access to the Pacific Motorway.
-Close to local homes and amenities. Situated only 200m* from the local school, along with a short drive to the local university and Greenslopes Hospital and.
-Thriving surrounding local Tarragindi property market, seeing a 59.4%* increase in median home prices in the past 5-years.

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