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7-Eleven, 164 Beenleigh Road
Cornubia QLD 4130
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Sold on 4 Oct 2023

7-Eleven, 164 Beenleigh Road Cornubia QLD 4130

  • Showrooms / Bulky Goods
  • 336 m²
  • Sold

New Brisbane Convenience Retail Asset Anchored by 7-Eleven Long 13.71 Yr WALE

  • Commanding 4,063 sqm* Cnr Site
  • High Profile Metro Location
  • Brand New – Huge Depreciation

Stonebridge National Investment Sales is pleased to present '7-Eleven Cornubia (Brisbane)' for sale via Immediate Offers to Purchase.

The asset has the following key investment features:

- Brand new, rarely offered 15 year net lease to 7-Eleven and secure long WALE of 13.71 years with fixed 3% increases across all tenancies
- 7-Eleven Trophy convenience retailer across 720+ locations nationally
- Andonis Café & Bar and Golden Lor - two experienced multi-site operators on new 10 year leases to 2033 + options
- Commanding 4,063 sqm* corner site with 26 car parks and newly built improvements (constructed by Hutchinson Builders) offering significant depreciation benefits
- High profile position boasting 135m* of dual street frontage and direct access to major arterial Beenleigh Redland Bay Road (39,000+ vehicles daily), only 2km from Pacific Motorway M1 (132,000+ vehicles daily)
- Strategic site at gateway to Lendlease's $2.3 billion 'Shoreline' residential development at Redland Bay, expected to welcome 10,000+ new residents
- Prime location within key retail precinct and carriageway nearby Woolworths, Chemist Warehouse and Logan Hyperdome Shopping Centre
- Potential upside via vacant 850 sqm* parcel of land suited to additional retail development and expansion (STCA)
- Cornubia Only 31 km* to Brisbane CBD and within Southeast Queensland's fastest growing LGA in the booming Brisbane to Gold Coast corridor, over 43% population growth forecast by 2036
- Net leases tenants pay all usual outgoings as per leases
- Net Income $474,542 pa (+GST)

'7-Eleven Cornubia (Brisbane)' is for sale via Immediate Offers to Purchase.

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately

Stonebridge Property Group Pty Ltd
Stonebridge Property Group Pty Ltd
Level 29, 10 Eagle St
Brisbane City, QLD 4000

Property Highlights

Date Sold4 Oct 2023
Floor Area336 m²
Land Area4,063 m²
Parking27 x Onsite parkings
Building TypeWhole building
Property ID2018721446
Category
Last updated  13 Nov 2023
Map for 7-Eleven, 164 Beenleigh Road Cornubia QLD 4130
Stonebridge Property Group Pty Ltd
Stonebridge Property Group Pty Ltd
Level 29, 10 Eagle St
Brisbane City, QLD 4000

Property Highlights

Date Sold4 Oct 2023
Floor Area336 m²
Land Area4,063 m²
Parking27 x Onsite parkings
Building TypeWhole building
Property ID2018721446
Category
Last updated  13 Nov 2023

Co-Agents

Michael Collins
Stonebridge Property Group Pty Ltd
Call
0404 023 204
Kevin Tong
Stonebridge Property Group Pty Ltd
Call
+61 422 848 818
Harry Curtain
Harry Curtain
Stonebridge Property Group Pty Ltd
Call
0438 684 800

More about 7-Eleven, 164 Beenleigh Road Cornubia QLD 4130

7-eleven, 164 Beenleigh Road Cornubia QLD 4130 is categorized as Showroom & Bulky Goods Property. It has a floor area of 336 m² and a land area of 4,063 m². There are 27 x onsite parkings.The listing ID for this property is 2018721446.

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