Stonebridge Property Group has been exclusively appointed to market ‘Bridgestone & Auto Masters Aura Caloundra (Sunshine Coast)’, a premium freehold investment developed by Newlink Property Group in 2023.
Positioned within Stockland’s $9 billion master planned Aura community, the asset occupies a prominent 1,506 sqm* freehold site directly opposite the $80 million Aura Home + Life homemaker centre, which is currently under construction. Aura is the largest master planned community under development in Australia, welcoming more than 2,000 new residents each year and projected to accommodate over 50,000 residents upon completion.
The property comprises two tenancies, each purpose built and secured by long term head company net leases to Bridgestone and Auto Masters. Bridgestone is Australia’s largest tyre retailer and a wholly owned subsidiary of the Tokyo Stock Exchange listed Bridgestone Corporation. Auto Masters is one of the nation’s leading automotive service groups with more than 90 locations across Australia. Their co-location generates strong synergies and referrals between the two businesses.
Stonebridge Senior Executive, Thomas Proberts, commented, “Trophy retail investments such as this are rarely offered to the market, particularly on the Sunshine Coast. Tyre & auto investments have historically been highly sought by private investors, who prioritise secure long term cash flows, net leases and strategic landholdings with purpose built improvements, all of which are on offer here.”
Stonebridge Partner, Tom Moreland, added, “Stockland’s Aura is one of Australia’s most compelling growth stories. Bridgestone and Auto Masters join major global and national retailers, who are attracted to the significant residential population and connectivity the estate provides.”
For media enquiries or further information, please contact:
Thomas Proberts | +61 439 588 019 | tproberts@stonebridge.com.au
Tom Moreland | +61 408 072 822 | tmoreland@stonebridge.com.au
Harry Curtain | +61 438 684 800 | hcurtain@stonebridge.com.au
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