Nic De Luca lists another piece of Berrinba Central
Deluca Corporation has listed a recently completed healthcare investment, part of Berrinba Central, in Brisbane’s south.
The two level asset with 1877 square metres at 486 Browns Plains Road (outlined, image, top), returns $1.07 million net annual rent.
Jetts Fitness, OceansPlus Medical Centre, Painstop and Ray White are the occupiers.
Also with a café tenancy, the weighted average lease expiry is 6.9 years.
The site spreads 4506 sqm with 67 car parks.
Deluca lists another piece of Berrinba Central
Brisbane based Deluca, established in 1974 by Nic De Luca, just completed construction of 486 Browns Plains Rd.
The listing comes six moths since we reported the developer and investor sold another piece of Berrinba Central – with a childcare centre, swim school, offices and 40 car parks – for $13.8m (continues below).
That component occupied 3157 sqm.
The result reflected a 6.47 per cent yield.
Berrinba Central also contains a McDonald’s, KFC, Starbucks and United Petroleum backed service station.
A Woolworths backed shopping centre with another 100 car parks is nearby.
CBRE’s Yosh Mendis and Josh Scapolan are marketing 486 Browns Plains Rd at the corner of Wayne Goss Drive.
Berrinba is about 22 kilometres from Brisbane.
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