27 Alexandra Road

Ascot QLD 4007

Brand new 20-year whole of land net lease, with the tenant responsible for all outgoings (excluding land tax)
Freestanding building with 974sqm of under roof area that underwent over $4 million in capital improvements in 2022, providing a state-of-the-art offering and significant depreciation benefits
Net Income of $590,500 + GST p.a.

|Where|

Prestigious 1,821sqm* site in the heart of the prized suburb of Ascot, just 5km* from the Brisbane CBD
Ascot is Brisbane's 3rd most affluent suburb with a median house price of $2,300,000 and median per capita income 71%** greater than the QLD benchmark.
Surrounded by significant traffic generating amenity including 4 of Brisbane's most prestigious schools within 1km along with the neighbouring Oriel Markets Centre

|Why|

An ultra low-maintenance investment with the tenant responsible for day-to-day maintenance of the property
Fixed 3% annual increases, guaranteeing base rent growth to over $815,000 in 2032 and growing
IGA Marketplace is a proven premium supermarket brand with 5 locations across some of Brisbane's most affluent metropolitan suburbs including New Farm & St Lucia
Providing absolute convenience with 24 onsite car parks together with a pedestrian crossing and bus stop directly out front of the site

*Approximate
**realestate.com.au