Bribie Retail Centre

“Bribie Retail Centre” – 5-7 Fortune Ave Bongaree Unit Trust
Multi-tenanted Retail Centre – 5,916m2 of land with 1,545m2 of lettable area comprising three separate retail tenancies. The centre is 100% leased to National tenants Supercheap Auto (581m2), Prices Plus (864m2m), and Domino’s Pizza (100m2).
5-7 Fortune Avenue, Bongaree, Bribie Island QLD
Acquired October 2016 for $7.3 million
7.54% Net Passing Yield
55.00% LVR – 50% Variable / 50% Fixed at 2.84% p.a. – Non-Recourse
7.00% p.a. paid monthly
Sold June 2022 for $9.00 million
$1.25 per $1.00 unit returned to Unitholders