Stonebridge is pleased to present ’99 Bikes Hillcrest (Brisbane)’ for sale via National Portfolio Auction on Friday 31 October at 11am (AEDT).

The asset has the following key investment features:

– Brand new 5 year lease to 2030, plus options to 2050, with income growth via CPI annual rent increases

– 99 Bikes (Pedal Group) – Wholly owned subsidiary of Pedal Group, backed by ASX listed Flight Centre, boasting network of 75+ stores globally operating across Australia, New Zealand & the United Kingdom

– Modernised 329 sqm* retail showroom with expansive mezzanine floor and workshop

– Strategically positioned on Brisbane’s Browns Plains ‘retail magic mile’, one of the city’s highest traffic retail destinations

– Adjacent Grand Plaza Shopping Centre, a dominant regional centre servicing 8 million+* visitors per annum

– Part of prime Brisbane retail & logistics hub, benefitting from strong connectivity via excellent road network – 50m* from Mount Lindesay Highway on & off-ramps (65,065+* vehicles daily)

– Within 500m* of a substantial list of national tenants including Woolworths, Coles, Kmart, Target, Big W, Bunnings, Officeworks, Harvey Norman, The Good Guys, Spotlight, McDonald’s, Hungry Jack’s, Red Rooster and Guzman y Gomez

– Brisbane – Booming capital city and economic engine of the $409 billion* Qld economy, population forecast to grow 40% in the next 20 years to 3.5 million* residents

– Estimated Net Income $81,238 pa* + GST

‘99 Bikes Hillcrest (Brisbane)’ is for sale via National Portfolio Auction on Friday 31 October at 11am (AEDT).

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

*Approximately

Our Ref: National Portfolio

Property Code: 1457