As exclusive agents, Cushman & Wakefield is pleased to present 1908 Sandgate Road, Virginia to the market via Expressions of Interest closing 6th October 2022 at 4:00pm.
1908 Sandgate Road, Virginia is a rare investment opportunity in one of Brisbane’s most renowned and tightly held showroom precincts. Sandgate Road comprises of all major retail brands and offers direct access North or South bound with exposure to almost 26 million* vehicles annually. The property is located in close proximity to key infrastructure including the Gateway Motorway, Brisbane Airport and Port of Brisbane.
The property is a modern high profile centre with the following key features:
• Prime multi-tenanted asset anchored by Australia’s largest independent tool retailer Total Tools
• Fully leased at $754,444 net per annum and boasting a strong income security with over 60% of income secured by national tenant
• 42 metre* frontage to Sandgate Road which has exposure to approx. 70,000 vehicles per day
• 3,186sqm* building area and 4,635sqm* site (68.73% site cover)
• Regular shaped block zoned SC4 Specialised Centre (Large Format Retail)
• Two street access with Lathe Street providing a signalised right turn southbound on Sandgate Road to the CBD
• Three total crossovers at the front and rear of the property
• Ample concrete hardstand car parking on sitea
• Inner northern Brisbane location 10km* from the Brisbane CBD
For Sale via Expressions of Interest closing Thursday, 6th October 2022. For further information, please contact the Exclusive Agents at Cushman & Wakefield.
*Approx- Brisbane - North