EXCLUSIVE OPPORTUNITY

About

9 Ashgrove Avenue, Ashgrove represents a rare opportunity to acquire a secure fully leased freehold investment. The property comprises a modern medical and retail centre located on a prominent corner in the exclusive inner-city suburb of Ashgrove. The asset is 100% leased to the Bank of Queensland coupled with two (2) local medical tenants from the catchment, presenting a passive blue-chip investment for the incoming purchaser.

Ashgrove is one of Brisbane’s most sought-after inner-city suburbs, located approximately 5 kilometres northwest of the Brisbane Central Business District. The affluent suburb is known for its leafy streets, character homes, prominent schools, high-quality retail amenity, and premium residential living.

The asset is underpinned by the following investment highlights: • Modern metropolitan medical/retail centre • Fully leased (100% occupancy) to essential-services tenants • Exceptional convenience with 26 undercover car parks (1:24 NLA) • NLA of 618 sqm* across two levels of retail, medical and commercial • Near-new construction (2019) meaning low maintenance and tax depreciation benefits • Net income of $532,035 + GST p.a. • Secure 3.82 year WALE (by area) • Positioned in a dominant retail precinct opposite Ashgrove Marketplace (Woolworths) • Located in an affluent inner-city suburb within 5km*(approximate) from Brisbane's CBD.

Features

Location