National Fast Food Tenant SUBWAY Freehold LAND & BUILDING
Long term lease till 2016 + 5yr + 5yr renew option
Currently rents at $52,643:00 PA (approx 7.1%) with 4% ANNUAL INCREASES & STRONG CAPITAL GROWTH. Modern building (food compliant ) in local business center with excellent Highway exposure, ample parking.
The size of Heatherbrae is approximately 12.6 square kilometres. It has 4 parks covering nearly 0.3% of total area. The population of Heatherbrae in 2011 was 492 people. By 2016 the population was 503 showing a population growth of 2.2% in the area during that time. The predominant age group in Heatherbrae is 60-69 years. Households in Heatherbrae are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Heatherbrae work in a trades occupation. In 2011, 59.6% of the homes in Heatherbrae were owner-occupied compared with 36.4% in 2016.
Heatherbrae has 594 properties. Over the last 5 years, Houses in Heatherbrae have seen a 62.66% increase in median value, while Units have seen a 29.89% increase. As at 31 December 2024:
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