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Retail
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2-4 University Dr, Meadowbrook (SYD 4/12)
University Drive, Meadowbrook
POA
Price
474sqm
Size
retail
Description
Hungry Jack?s: leased until 2022 + options to 2037 paying 57% of net income Oporto: leased until 2022 + options to 2044 paying 21% of net income Solid tenancy mix includes restaurant and hairdresser One of Brisbane?s busiest corners and close to Logan Hospital, Motorway and University Corner site with large landholding of 3,313 sqm Lettable area: 474 sqm Tenants pay all outgoings, excl. Land Tax, as per leases Net Income: $333,989 pa + GST Asking Price: $5,200,000 Yield: 6.4%
