Stonebridge is pleased to present ’99 Bikes Coomera (Gold Coast)’ 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

– Impressive new 549 sqm* large format retail asset completed 2023, featuring expansive retail showroom and mezzanine floor

– Surrounded by unrivalled retail amenity in thriving Gold Coast precinct, nearby Westfield Coomera (6.9 million* visitors per annum), HomeCo Coomera City & Coomera Square shopping centre

– Strategic position 500m* from M1 Pacific Motorway off-ramp (165,299+ vehicles daily), providing outstanding exposure to passing traffic along City Centre Drive & Days Road

– Located in close proximity to a plethora of national retailers including Woolworths, Coles, Aldi, Dan Murphy’s, Spotlight, McDonald’s, KFC, Hungry Jack’s, Guzman y Gomez, Red Rooster, Supercheap Auto, Petbarn & Bridgestone

– Coomera – Suburb in one of Australia’s fastest growing corridors, boasting 24% population growth and over $400m of development planned or underway

– Gold Coast – World famous location with current population of 590,000+ set to boom to 1 million by 2050*

– Estimated Net Income $140,266 pa* + GST

‘99 Bikes Coomera (Gold Coast)’ 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: Large Format Retail, National Portfolio

Property Code: 1459