Skip to main content
SearchBack to results

1434 Gympie Road Aspley QLD 4034

  • Shop & Retail
  • 1,780 m²
  • Commercial Auction

Landmark Officeworks Investment - Blue Chip Brisbane Location

  • Officeworks Ltd - ASX Listed Subsidiary
  • Fixed 3% Annual Rent Increases
  • Net Income $468,250 pa + GST

Cushman & Wakefield is pleased to present to the market 1434 Gympie Road, Aspley for Sale via Auction.

The property has the following key characteristics:

- 5 year lease to 2024 + option to 2029
- Landmark Brisbane Officeworks in occupation for almost 17 years
- Officeworks Ltd - Wholly owned Subsidiary of ASX listed Wesfarmers Ltd with Revenues of $30.8 Billion
- Tenant experienced significant sales growth of 27.8% in 2020 & through the Covid-19 Pandemic, across 167 stores nationally
- Immaculate building purpose built in 2004, offering a modern 1,780 sqm retail showroom & 33 car parks
- Absolutely prime Gympie Road location - QLDs second busiest road with exposure to 82,000+ vehicles daily
- Blue chip position with neighbours including Harvey Norman, Aspley Homemaker Centre, Hungry Jacks, 7-Eleven, McDonalds, Coles/Woolworths Aspley Hypermarket & Aldi & Kmart
- Aspley - Strategic retail hub 12 km from Brisbane CBD, significant trade catchment of 209,349
- Tenant pays all usual outgoings as per Lease
- Fixed 3% annual rent increases
- Net Income $468,250 pa + GST

The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Friday 19 March at 10am AEDT at Doltone House Hyde Park, located on level 3/181 Elizabeth Street, Sydney NSW

Prospective purchasers and interested parties will have access to remote bidding facilities in both Brisbane and Melbourne.

Should you have interest in bidding on the property, please contact the exclusively appointed property professionals at Cushman & Wakefield.

Auction date and time19/03/2021 10:00
Auction locationDoltone House Hyde Park - 3/181 Elizabeth Street, Sydney

Property Highlights

Property ID2016796691
Floor Area1,780 m²
Land Area4,005 m²
Parking33 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  22 Feb 2021
Map for 1434 Gympie Road Aspley QLD 4034
Map for 1434 Gympie Road Aspley QLD 40341434 Gympie Road Aspley QLD 4034

Property Highlights

Property ID2016796691
Floor Area1,780 m²
Land Area4,005 m²
Parking33 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  22 Feb 2021
Cushman & Wakefield Brisbane
Level 11, 123 Eagle Street Brisbane City QLD 4000

More Properties for Sale from Cushman & Wakefield Brisbane

Niecon Plaza Portfolio 27 Victoria Avenue Broadbeach QLD 4218
For SalePlease contact agent
niecon plaza portfolio 27 victoria avenue,broadbeach, QLD 4218
11,190 m²
Offices
234 Homebush Road Strathfield NSW 2135
Commercial Auction
234 homebush road,strathfield, NSW 2135
1,007 m²
Shop & Retail
23 Lilburne Street Lucas VIC 3350
Commercial Auction
23 lilburne street,lucas, VIC 3350
417 m²
Shop & Retail
Contact Agent