Northern Greater Brisbane, QLD
Anchor Retail, Growth Ready
A fully leased, multi-tenanted convenience retail asset delivering a 6.98% net yield on a 357m² net lettable area across three shops. Providing an income of $122,131 per annum, this acquisition is underpinned by an anchor national retailer and supported by complementary daily-needs and services operators.
The retail centre sits on a prominent corner with signalised access, strong passing traffic, pedestrian connectivity and public transport nearby. Held on four individual strata titles, this acquisition combines income security with flexible future exit options. The zoning also supports neighbourhood-scale retail and services in a growing residential catchment.
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Opportunity
The 3 x tenancy mix creates a dependable, diversified cash flow while positioning the asset to benefit from population growth in the surrounding corridor. Limited competing neighbourhood supply and a convenience-led offer help support tenant retention and consistent customer visitation. These dynamics point to rental growth through regular reviews and renewal negotiations as leases cycle.
Beyond income, the title structure adds strategic flexibility. Four strata lots allow for partial divestment, staged refinancing, or a targeted value-add program on individual tenancies over time. Market evidence across comparable neighbourhood assets indicates depth of purchaser demand for anchored, convenience-based retail, which supports long-term valuation confidence.
Outcome:
MCommercial completed comprehensive due diligence across leases, income sustainability, strata records, insurance, and overlays to validate the asset’s risk profile and growth potential. We verified covenant strength, review mechanisms, and outgoings positions for each tenancy, and mapped upcoming expiry and option timings to plan renewals and minimise downtime. Zoning checks confirmed that existing and future uses align with the planning framework.
To sharpen the acquisition case, we benchmarked sales and rents for comparable neighbourhood centres, stress-tested cash flows, and prepared a summary pack for valuation and finance. We also advised on strategies enabled by the four-title structure, including optional partial resale and targeted capex to support tenant performance.
The Benefits to the Purchaser:
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Secure multi-tenant income from anchor and complementary operators.
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Diversified lease terms.
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Multiple pathways for value creation without relying on major redevelopment.
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PROPERTY DETAILS
Type: Convenience retail strip
Configuration: 3 separate tenancies
Titles: Four strata lots
Net Lettable Area: 357 m²
Zoning: Suburban Neighbourhood
Car Spaces: Shared lot
Investment Features
Established Tenants: Fully leased to a mix of national and local operators, providing secure and diversified income streams with strong tenancy history.
Prime Corner Location: Positioned on a signalised intersection along Bribie Island Road, offering excellent exposure to passing traffic and easy access for customers.
Attractive Net Income: Generates $122,131 per annum in net income, delivering a solid return with potential rental growth over time.
Flexible Title Structure: Held across four individual strata titles, allowing for strategic resale, refinancing, or future subdivision flexibility.
Underserviced Catchment: Minimal competing retail in the immediate area, supporting tenant retention and long-term occupancy in a growing residential corridor.
The MCommercial Advantage
355
Business Partners in over 30 Countries
27
Years of Experience
MCommercial identifies and secures commercial properties as part of your strategic investment plan. focusing on rental reversion potential and capital growth. Through our detailed due diligence and negotiation expertise, we positioned the asset to deliver strong returns and long-term stability for our client.
This acquisition demonstrates MCommercial’s ability to uncover high-value investment opportunities and optimise asset performance through data-driven market insights and strategic lease structuring.
