De Luca sells another piece of Berrinba Central
De Luca Corporation has sold a new healthcare and retail centre for $15.655 million – a 5.55 per cent passing yield.
The Berrinba Healthcare & Retail Centre at 204/486 Browns Plains Road, was bought by an interstate-based private investor.
CBRE’s Yosh Mendis and Josh Scapolan were the agents.
The investment was marketed with fixed annual rental increases of 3-4 pc.
Berrinba is about 22 kilometres south-west of Brisbane’s CBD, within the Logan local government area.
Berrinba Healthcare & Retail Centre
Completed in 2025, the Berrinba Healthcare & Retail Centre contains 1877 square metres of medical, retail and service space, and 67 car parks.
The site spans 4506 sqm at the corner of Wayne Goss Drive, within the Berrinba Central master-planned precinct (continues below).
Occupiers include Jetts Fitness, OceansPlus Medical Centre, Painstop Physiotherapy, QML Pathology and Ray White.
Two eateries – Café 63, Deep South Chicken – also occupy.
The deal comes six months since realestatesource.com.au reported De Luca Corporation sold another Berrinba Central holding, 5-7 Peter Way, for $13.8m.
That two level, 3157 sqm office and essential services complex contains an 86-place Oxanda Education-backed childcare centre and 40 car parks.
Other tenants include the state government, Uniting Church, Lifeline and Snappers swim school.
An interstate investor bought it too.
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