Stonebridge is pleased to present ’99 Bikes Everton Park (Brisbane)’ for sale via National Portfolio Auction on 19 February at 10:30am (AEDT).

The asset has the following key investment features:

– Anchored by brand new 10 year net lease to 2036, plus options to 2051, with CPI annual rent increases

– 99 Bikes (Pedal Group) – Australia’s number one bicycle retailer, a wholly owned subsidiary of Pedal Group and backed by ASX listed Flight Centre, boasting a network of 75+ stores globally

– Prominent 1,012 sqm* freehold corner site benefiting from flexible ‘District Centre’ zoning

– Prime retail location with expansive dual street frontage to South Pine Road, major Brisbane arterial carrying 40,815+* vehicles daily

– Strategically located in tightly held Brisbane retail precinct directly opposite Coles anchored Everton Plaza Shopping Centre, and nearby sub-regional centre Brookside (4.8m visitors pa*)

– Immediately surrounded by a plethora of national tenants including Woolworths, Coles, KFC, Harvey Norman, Spotlight, Amart, Anaconda, Rebel Sport & Supercheap Auto

– 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

– Net Income $195,839 pa* + GST

’99 Bikes Everton Park (Brisbane)’ is for sale via National Portfolio Auction on 19 February at 10:30am (AEDT).

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

*Approximately

Our ID: a0TOd00000crTu8MAE
Our Ref: National Portfolio, Retail

Property Code: 1555