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Yokohama Tyres & Jon Stafford Road
Stafford QLD 4053
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Sold on 28 Jun 2023

Yokohama Tyres & Jon Stafford Road Stafford QLD 4053

  • Shop & Retail
  • 700 m²
  • Sold, $4,290,000

New Tyre & Auto Asset In Blue-Chip Brisbane Suburb - Opposite Bunnings

  • Renowned Retail Precinct 6 km* to CBD
  • Newly Built - Huge Depreciation Benefits
  • Subsidiary of $5.6 Billion Yokohama

Stonebridge National Investment Sales is pleased to present Yokohama Tyres & Jones Tackle Stafford (Brisbane) for sale via National Portfolio Auction on Wednesday 28 June at 11am.

The asset boasts the following key investment features:

- Yokohama - 7 year net lease to 2027 + options to 2042 with market leading annual rent increases, being the greater of 3% or CPI

- Leased to prized subsidiary of Tokyo Stock Exchange listed Yokohama Group - Global automotive giant established in 1917 with operations in 120 countries, boasting a $5.6 billion market cap.

- Jones's Tackle - 10 year lease to 2032 + options to 2042, proven retailer with 40+ year track record

- Newly constructed improvements (built 2020) by Hutchinson Builders, providing 700sqm of modern tilt panel tyre & auto and retail accommodation, offering substantial tax depreciation benefits

- Prime 2,182 sqm* landholding with large 45 metre frontage to major arterial Stafford Road (28,500+ vehicles daily*), only 6 km* to Brisbane CBD

- Positioned as part of renowned Brisbane retail precinct directly opposite Bunnings and Stafford City Shopping Centre, anchored by Woolworths, ALDI, Kmart, McDonalds and Guzman y Gomez, welcoming 3.3 million visitors p.a.

- Stafford - Well established metropolitan 'in-fill' residential and commercial suburb undergoing major renewal and regentrification driven by convenience and inner-city affordability

- Leases secured by Cash Bond and Personal Guarantees

- Yokohama responsible for all usual outgoings incl. Rates, Insurance, Land Tax and General Repairs & Maintenance

- Net Income $218,585 pa* + GST

Yokohama Tyres & Jones Tackle Stafford (Brisbane) is for sale via National Portfolio Auction on Wednesday 28 June at 11am.

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

*Approximately

Property Code: 689

AUCTION

Auction date and time28/06/2023 11:00
Auction locationSee description
Stonebridge Property Group Pty Ltd
Stonebridge Property Group Pty Ltd
Level 29, 10 Eagle St
Brisbane City, QLD 4000

Property Highlights

Date Sold28 Jun 2023
Sold Price$4,290,000
Floor Area700 m²
Land Area2,182 m²
ParkingAsk Agent
Property ID2018557818
Category
Last updated  13 Nov 2023
Map for Yokohama Tyres & Jon Stafford Road Stafford QLD 4053
Stonebridge Property Group Pty Ltd
Stonebridge Property Group Pty Ltd
Level 29, 10 Eagle St
Brisbane City, QLD 4000

Property Highlights

Date Sold28 Jun 2023
Sold Price$4,290,000
Floor Area700 m²
Land Area2,182 m²
ParkingAsk Agent
Property ID2018557818
Category
Last updated  13 Nov 2023

Co-Agents

Tom Moreland
Stonebridge Property Group Pty Ltd
Call
0408 072 822
Michael Collins
Stonebridge Property Group Pty Ltd
Call
0404 023 204
Thomas Proberts
Stonebridge Property Group Pty Ltd
Call
0439 588 019

More about Yokohama Tyres & Jon Stafford Road Stafford QLD 4053

Yokohama Tyres & Jon Stafford Road Stafford QLD 4053 is categorized as Shop & Retail Property. It has a floor area of 700 m² and a land area of 2,182 m². The listing ID for this property is 2018557818.

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