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37 Dunn Road
Rocklea QLD 4106
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Sold on 20 Sep 2024

37 Dunn Road Rocklea QLD 4106

  • Shop & Retail
  • 1,450 m²
  • Sold

Premium Metro Brisbane Tyre & Auto Investment | 5 + 5 Year Net Lease to 2032

    Burgess Rawson is pleased to offer to the market the Bridgestone located at 37 Dunn Road, Rocklea QLD for sale via our Investment Auction Portfolio 171.

    This opportunity has the following key investment highlights:

    + Five (5) year head office lease to Bridgestone Corporation to December 2027
    + One (1) further five (5) year option to December 2032
    + Bridgestone Corporation: Australia's largest tyre retailer with 340+ stores nationally, market cap of AUD $42.6 billion & wholly owned subsidiary of Tokyo listed Bridgestone Corporation
    + Landlord favourable annual CPI reviews
    + Highly desirable net lease terms with the tenant paying all usual outgoings as per lease including repairs & maintenance
    + Significant 5,166sqm* freehold site prominently positioned within the Rocklea industrial estate, offering seamless integration with the Ipswich Motorway
    + Impressive 1,450sqm* NLA industrial facility comprising of 1,180sqm* of warehouse, 270sqm* of office accommodation & a 750sqm* covered open workshop
    + Highly desirable 'High Impact Industry' zoning allowing for a multitude of future uses that cater to sensitive operations (STCA)
    + Positioned within 2km* of the Oxley Zone Retail precinct, featuring major retailers Harvey Norman, McDonald's, Supercheap Auto, TK Maxx, Officeworks & various specialty stores
    + Brisbane City: the third largest city in Australia, with a population forecast to grow by 230% to 4.2 million residents by 2050^
    + Net Income: $167,813 pa* + GST (Increasing in December to $174,687 pa* + GST)

    For Sale by Investment Portfolio Auction
    10:30am AEST Thursday 19 September 2024
    The Hilton, Brisbane

    Please contact the exclusively appointed Burgess Rawson team for more information.

    *Approx.

    AUCTION

    Auction date and time19/09/2024 10:30
    Auction locationThe Hilton, Brisbane
    Burgess Rawson Townsville
    Burgess Rawson Townsville
    Ground Flr/61-73 Sturt St
    Townsville City, QLD 4810

    Property Highlights

    Date Sold20 Sep 2024
    Floor Area1,450 m²
    Land Area5,166 m²
    ParkingAsk Agent
    Property ID2019443352
    Category
    Last updated  20 Sep 2024
    Map for 37 Dunn Road Rocklea QLD 4106
    Burgess Rawson Townsville
    Burgess Rawson Townsville
    Ground Flr/61-73 Sturt St
    Townsville City, QLD 4810

    Property Highlights

    Date Sold20 Sep 2024
    Floor Area1,450 m²
    Land Area5,166 m²
    ParkingAsk Agent
    Property ID2019443352
    Category
    Last updated  20 Sep 2024

    Co-Agents

    Neville Smith
    Neville Smith
    Burgess Rawson Townsville
    Call
    0400 068 205
    Craig Chapman
    Burgess Rawson Queensland
    Call
    0427 110 132

    More about 37 Dunn Road Rocklea QLD 4106

    37 Dunn Road Rocklea QLD 4106 is categorized as Shop & Retail Property. It has a floor area of 1,450 m² and a land area of 5,166 m². The listing ID for this property is 2019443352.

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