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Sold on 27 Jan 2021

19 Middle Street Cleveland QLD 4163

  • Shop & Retail
  • 685 m²
  • Sold

Prominent Retail Centre With Development Upside

    685sqm* retail & commercial centre located in the Brisbane Bayside suburb of Cleveland
    Fully leased to three longstanding tenants with a strong history of trade and tenure at the location
    34 at grade carparks
    Prominent 1,998sqm* corner site on a roundabout at the entrance to Clevelands central retail precinct
    Zoned Principal Centre, with a maximum building height of 26m* providing a multitude of future development options
    Lease & option expiry profiles allow access to the site for development by 2021
    Recent major capex program undertaken, including replacement of the air-conditioning
    Net income of $160,431p.a.* as at 31 December 2019
    *Approximately

    For Sale via Expressions of Interest, closing 4pm (AEST) Thursday 12 December 2019

    Andrew Havig
    JLL Brisbane
    Andrew Havig
    JLL Brisbane
    Campbell Bowers
    JLL Brisbane
    Campbell Bowers
    JLL Brisbane

    Property Highlights

    Property ID2015895019
    Date Sold27 Jan 2021
    Floor Area685 m²
    Land Area1,998 m²
    ParkingOn site parking available
    Building TypeWhole building
    Category
    Last updated  27 Jan 2021
    Map for 19 Middle Street Cleveland QLD 4163
    Map for 19 Middle Street Cleveland QLD 416319 Middle Street Cleveland QLD 4163
    Andrew Havig
    JLL Brisbane
    Andrew Havig
    JLL Brisbane
    Campbell Bowers
    JLL Brisbane
    Campbell Bowers
    JLL Brisbane

    Property Highlights

    Property ID2015895019
    Date Sold27 Jan 2021
    Floor Area685 m²
    Land Area1,998 m²
    ParkingOn site parking available
    Building TypeWhole building
    Category
    Last updated  27 Jan 2021
    JLL Brisbane
    Level 39 Central Plaza One, 345 Queen Street Brisbane City QLD 4000
    Andrew Havig
    JLL Brisbane
    Andrew Havig
    JLL Brisbane
    Campbell Bowers
    JLL Brisbane
    Campbell Bowers
    JLL Brisbane
    Andrew Havig

    Andrew Havig

    JLL Brisbane

    Campbell Bowers

    Campbell Bowers

    JLL Brisbane

    +61 *** ***
    +61 478 010 990

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