232 Brisbane Road, Booval

232 Brisbane Road, Booval, QLD, 4304, AU

Description

JLL Retail Investments is pleased to present for sale RSEA & Baby Bunting Booval, a rare opportunity to acquire a freestanding LFR asset anchored by two national retailers.

This premium LFR investment opportunity occupies a 2,672* square metre allotment withing a convenience centre community scheme, boasting 2,723* square metres of gross lettable area within a premium location. The asset is secured via 100% of gross income underpinned by national tenanted covenants.

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Attributes

NOI

IDR 7,596,954,000

Land area gross

2,723 m²

Call for offers

06/08/2025

Media

Investment Highlights

Key investment highlights include:

Secure Income Stream – Fully leased to national tenants RSEA Safety and Baby Bunting, providing a combined net income of $715,385* per annum with structured annual increases (CPI and 3.5%).
4.75-Year WALE & Double Net Lease Structure – Strong lease profile with both tenants featuring five-year options, offering long-term income security.
Prime Location – Positioned in a high-growth corridor with outstanding vehicular access and exposure. The assets positioning benefits from major surrounding national tenants including Harvey Norman, Repco, and McDonald’s.
High-Growth Ipswich Catchment – Located within one of Queensland’s fastest-growing regions, with 1.8% population growth p.a. and major public/private infrastructure investment.

RSEA & Baby Bunting Booval is being offered for sale via Expressions of Interest, closing Thursday 7th August 2025 at 4:00pm (AEST).

*Approximately as at 31 July 2025.