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47 Shore Street West
Cleveland QLD 4163
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47 Shore Street West Cleveland QLD 4163

  • Shop & Retail
  • 2,018 m²
  • For Sale, Price on Request

Ultra Modern Metropolitan Retail Centre | Automotive & Retail Giants

    Burgess Rawson is pleased to offer to the market this Blue Ribbon Metro Tyre & Auto Large Format Retail Investment located at 47 Shore Street West Cleveland (Brisbane) QLD, for sale via Expressions of Interest.

    The property has the following investment highlights:

    + Brand new leases up to 10 years plus options extending through to 2054
    + MyCar: one of Australia's largest tyre & auto brands, with over 270 stores nationally. Subsidiary of German Automotive Giant Continental AG who operate in over 56 countries with over 200,000 employees and a market cap of 11 Billion.
    + Uniting Care (Lifeline): leading provider of social services throughout Australia, supporting 1.4 million people annually with $1.7 billion of revenue reinvested into the community and $2.3 billion in total assets owned
    + Salvation Army Australia: 140+ year old 'government funded' retailer with over 400 stores nationally and an aggressive growth strategy
    + Brand new state-of-the-art 2,018sqm* building
    + Strategically positioned 4,617sqm* standalone main road landholding
    + Attractive fixed 3.5% compounding annual rental increases guaranteeing strong rental growth
    + Brand new 2024 construction offering maximum depreciation benefits
    + Prime position with 80 metres* of frontage onto Shore Street West, Cleveland's main road that carries 193,000* vehicles weekly**
    + Strategically located within close proximity to globally renowned tenants, McDonald's, KFC, Guzman y Gomez and 7-Eleven
    + Cleveland: highly sought after Bayside suburb of Brisbane with a median house price over 40% higher than the state average***
    + Net Income: $591,426 pa* + GST

    For Sale by Expressions of Interest
    Closing 4pm AEST Thursday 21 November 2024

    *Approx
    ** Gap Maps
    *** REIQ

    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Floor Area2,018 m²
    Land Area4,617 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019538374
    Category
    Last updated  7 Nov 2024
    Map for 47 Shore Street West Cleveland QLD 4163
    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Floor Area2,018 m²
    Land Area4,617 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019538374
    Category
    Last updated  7 Nov 2024

    Co-Agents

    Yosh Mendis
    Burgess Rawson Sydney
    Call
    0434 413 188
    Andrew Havig
    Burgess Rawson Queensland
    Call
    0478 010 990
    Josh Scapolan
    Josh Scapolan
    Burgess Rawson Queensland
    Call
    0484 229 829

    More about 47 Shore Street West Cleveland QLD 4163

    47 Shore Street West Cleveland QLD 4163 is categorized as Shop & Retail Property. It has a floor area of 2,018 m² and a land area of 4,617 m². The listing ID for this property is 2019538374.

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