Cannon Hill

Project Description

The property is located within the established residential suburb of Cannon Hill approximately seven kilometres east of the Brisbane CBD. The immediately surrounding suburbs of Carina, Morningside, Murarrie and Tingalpa are generally fully developed with post-war residential housing and new subdivisions are being developed further south and east in Carindale, Capalaba, Manly West and Birkdale. The property is adjacent to the Cannon Hill Kmart plaza, a sub regional centre, and Cannon Hill shopping plaza, a neighbourhood centre. An easement over part of the property provides rear access to these two centres from Creek Road. * In December 2008, the Cannon Hill Bunnings Warehouse and the Trust's adjoining distribution centre were amalgamated into a larger Bunnings Warehouse. These numbers include the Bunnings Warehouse plus distribution centre.

Land area

35,811 m²

The total GLA/retail area

16,556 m²

Lease Commencement Date

18/3/1999

Total Property Cost

$9,671,514

Current valuation

$43,300,000

Annual Rent

$2,548,846

Project Location

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