99 Bikes Storage, 6/2 Central Court,
Hillcrest, QLD 4118
Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Shops & Retail
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Stonebridge Property Group - Brisbane
Level 7, 10 Eagle StreetBRISBANE CITY, QLD 4000
99 Bikes Storage, 6/2 Central Court
Hillcrest, QLD 4118
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Affordable Brisbane Investment - New 5 Year Head Company Lease to Global Tenant
- Brand New 5 Year Lease + Opts to 2050
- 99 Bikes - Wholly Owned by Pedal Group
- Core Brisbane Logistics Precinct
Stonebridge is pleased to present ’99 Bikes Storage 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
- 319 sqm* storage facility with expansive mezzanine floor
- 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 $50,000 pa* + GST
‘99 Bikes Storage 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
Property Code: 1476
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
- 319 sqm* storage facility with expansive mezzanine floor
- 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 $50,000 pa* + GST
‘99 Bikes Storage 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
Property Code: 1476
Hillcrest, 4118 demographic data
The median household income for Hillcrest is $1,573, 15% lower than Greater Brisbane's household income of $1,849. Hillcrest has a younger age profile compared to the rest of Greater Brisbane (median age 33 vs 36). Property ownership data shows 70% of property owners in Hillcrest have a mortgage.
6,268
Population
$1,573 per week
Median household income
33 years
Median age
Owners
Most residents
Families
Most households
Stonebridge Property Group - BrisbaneLevel 7, 10 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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99 Bikes, 3/2 Central Court,Hillcrest, QLD 4118 1 m²Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial