Stonebridge National Investment Sales is pleased to present Yokohama Tyres & Jones Tackle Stafford (Brisbane) for sale via National Portfolio Auction on Wednesday 28 June at 11am.

The asset boasts the following key investment features:

– Yokohama – 7 year net lease to 2027 + options to 2042 with market leading annual rent increases, being the greater of 3% or CPI

– Leased to prized subsidiary of Tokyo Stock Exchange listed Yokohama Group – Global automotive giant established in 1917 with operations in 120 countries, boasting a $5.6 billion market cap.

– Jones’s Tackle – 10 year lease to 2032 + options to 2042, proven retailer with 40+ year track record

– Newly constructed improvements (built 2020) by Hutchinson Builders, providing 700sqm of modern tilt panel tyre & auto and retail accommodation, offering substantial tax depreciation benefits

– Prime 2,182 sqm* landholding with large 45 metre frontage to major arterial Stafford Road (28,500+ vehicles daily*), only 6 km* to Brisbane CBD

– Positioned as part of renowned Brisbane retail precinct directly opposite Bunnings and Stafford City Shopping Centre, anchored by Woolworths, ALDI, Kmart, McDonalds and Guzman y Gomez, welcoming 3.3 million visitors p.a.

– Stafford – Well established metropolitan ‘in-fill’ residential and commercial suburb undergoing major renewal and regentrification driven by convenience and inner-city affordability

– Leases secured by Cash Bond and Personal Guarantees

– Yokohama responsible for all usual outgoings incl. Rates, Insurance, Land Tax and General Repairs & Maintenance

– Net Income $218,585 pa* + GST

Yokohama Tyres & Jones Tackle Stafford (Brisbane) is for sale via National Portfolio Auction on Wednesday 28 June at 11am.

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

*Approximately

Our Ref: Large Format Retail, National Portfolio

Property Code: 689