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300 Old Cleveland Road, Coorparoo, QLD, 4151

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300 Old Cleveland Road, Coorparoo, QLD, 4151

300 Old Cleveland Road, Coorparoo, QLD, 4151

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

Read More
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

Read More
Tenanted Investment

3. Property Location

300 Old Cleveland Road, Coorparoo, QLD, 4151

Property Map
300 Old Cleveland Road, Coorparoo, QLD, 4151 Coorparoo
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