Solid investment returns: Cotton On Body
Outstanding opportunity to purchase Unit 5, 42 Gravatt Road, in the coveted Fashion Island retail complex in Papamoa. The Cotton on Group lease three units at Fashion Island that anchor the complex as a magnet for both customers and other fashion tenants for the rest of this decade. Cotton On Body commenced a new 10 year lease from 15 June 2019 for a final expiry date of 14 June 2029. Superb long lease tenure and such strong tenant covenant for you to purchase this prime asset with the utmost confidence.
The centre was extensively upgraded and refurbished in 2017, which also included the shopfront facade to create a distinctly recognisable destination shopping centre. Shoppers can easily find a park with the convenience of 122 car parks shared on site. Investors can buy with the confidence of an A-grade seismic rating and low-risk construction materials. Call Team Bradley today for a full information pack.
The centre was extensively upgraded and refurbished in 2017, which also included the shopfront facade to create a distinctly recognisable destination shopping centre. Shoppers can easily find a park with the convenience of 122 car parks shared on site. Investors can buy with the confidence of an A-grade seismic rating and low-risk construction materials. Call Team Bradley today for a full information pack.
Key features
Rent review
Fixed rental growth 4% annually
Occupancy
Cotton On Body
Floor area details
140.78sqm (approximately)
Passing income
$91,103 + GST & OPEX
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