Retail

21 Endeavour Way, Plainland

21 Endeavour Way Plainland, QLD Australia 4341
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Building Area
Land Area ()

Property Description

JLL Metropolitan Retail Investments are proud to present to the market Bridgestone Plainland for Sale via Auction.


Underpinned by a long term lease to Bridgestone Australia Ltd, this investment offers exceptional security of income for the incoming purchaser in a rapidly growing location (opposite the brand new Bunnings Plainland).


The property is for sale by way of the JLL Metropolitan Retail Investments March Portfolio Auction. The Auction will be held on Thursday, 8 April at 6pm AEST at the Calile Hotel - 48 James Street, Fortitude Valley QLD.


The property has the following key characteristics:

Investment Highlights

  • 10 year lease expiring 2027 to Bridgestone Australia Ltd
  • Wholly owned by Bridgestone Corporation- a $30 billion global company with over 300 stores in Australia
  • Tenant pays all outgoings including land tax, capital works & management
  • 3% fixed annual rental increases
  • Near new build with significant depreciation benefits
  • 1,491sqm site directly opposite brand new Bunnings in thriving growth corridor
  • Net income of $114,736p.a. as at 31 March 2021
Last Updated Date: 11 Apr 2021
Campbell Bowers
Senior Executive, Capital Markets
Andrew Havig
Senior Executive, Capital Markets Transactions

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

Last Updated Date: 11 Apr 2021

Do you have any questions?  Visit our FAQ page

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.