Elders Commercial Brisbane are pleased to present to market for sale 689 New Cleveland Road, Gumdale. The 2,336m² site is anchored by 7-Eleven Australia, the nation’s largest convenience and independent fuel retailer, and features an impressive 99-metre frontage and the asset benefits from strong surrounding retail amenity and daily convenience-driven traffic.

Key features include;

– Long term, Fifteen (15) year net lease providing 3.75% annual rent increases
– Secure lease till 2029 plus options to 2044
– Anchored by 7/Eleven Australia’s #1 convenience retailer
– Substantial 2,336sqm corner site
– Impressive convenience retail asset with built in sales counter, console, refrigeration units and stock displays
– Surrounded by important social infrastructure, including 4 schools and tertiary education facilities in a 3km radius servicing 3,000* full-time students.
– Strategically situated opposite IGA anchored East-Side Village, boasting retail amenities including Cellarbrations, Subway, Gumdale Pharmacy, Gumdale Medical Centre and Gumdale Tavern.
– Attractive Net lease structure
– Current Net Income $433,010 pa + GST

This property is for sale via Expressions of Interest.

For more information or to arrange a private inspection, please contact the exclusive Elders Commercial Agents today!