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300 Old Cleveland Road, Coorparoo, QLD, 4151

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Properties / Buy / Queensland / Coorparoo

Tenanted Investment

1. Property Summary

Selling Method

Private Sale

Selling Details

Contact Agent

Floor Area

6778 m² (*approx)

Property Type

Retail

Est. Income

$4,065,000 p/a

Car Spaces

256

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2. Property Highlights

Coorparoo Square - A Queensland landmark retail investment opportunity

Long term security via a 5.2 year WALE**
Brisbane inner-city affluent catchment
ALDI, Dendy Cinema + 25 specialties

CBRE and Stonebridge are pleased to present to market Coorparoo Square.

- A 6,778 sqm* premium inner city convenience centre anchored by ALDI and Dendy Cinema, and further complemented by 25 specialties.

- Highly secure income stream via a 99% occupancy and a strong 5.2 year WALE (by income)** with 100% of the Centre’s rental income subject to annual increases of fixed 3%, 4% or CPI.

- Located 4.5km* from the Brisbane CBD within an affluent growing catchment, forecast to experience a 17% population increase by 2041^.

- Unparalleled access to major transport links and features a 250m* combined frontage to Old Cleveland Road and Cavendish Road, two major arterials through

the catchment.

- Fully leased net income $4,065,000 ** per annum

Coorparoo Square is for sale via expressions of interest closing Thursday 29th August 2024 at 4 pm (AEST).

For further information on this opportunity, please reach out to the sales and marketing agents.

*Approximate. ^Calculated from Location iQ Trade Area Report population forecasts. **As at 1 October 2024. Boundary indicative only.

Remember to mention you found this property on CommercialReady

Tenanted Investment

1. Property Summary

Property Type

Retail

Est. Income

$4,065,000 p/a

Wale

5.2 years

Floor Area

6778 m² (*approx)

Car Spaces

256

Selling Method

Private Sale

Selling Details

Contact Agent

2. Property Highlights

Coorparoo Square - A Queensland landmark retail investment opportunity

Long term security via a 5.2 year WALE**
Brisbane inner-city affluent catchment
ALDI, Dendy Cinema + 25 specialties

CBRE and Stonebridge are pleased to present to market Coorparoo Square.

- A 6,778 sqm* premium inner city convenience centre anchored by ALDI and Dendy Cinema, and further complemented by 25 specialties.

- Highly secure income stream via a 99% occupancy and a strong 5.2 year WALE (by income)** with 100% of the Centre’s rental income subject to annual increases of fixed 3%, 4% or CPI.

- Located 4.5km* from the Brisbane CBD within an affluent growing catchment, forecast to experience a 17% population increase by 2041^.

- Unparalleled access to major transport links and features a 250m* combined frontage to Old Cleveland Road and Cavendish Road, two major arterials through

the catchment.

- Fully leased net income $4,065,000 ** per annum

Coorparoo Square is for sale via expressions of interest closing Thursday 29th August 2024 at 4 pm (AEST).

For further information on this opportunity, please reach out to the sales and marketing agents.

*Approximate. ^Calculated from Location iQ Trade Area Report population forecasts. **As at 1 October 2024. Boundary indicative only.

Remember to mention you found this property on CommercialReady

Tenanted Investment