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Stonebridge Property Group - Brisbane

162 Gainsborough Drive Pimpama, QLD 4209

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162 Gainsborough Drive,
Pimpama, QLD 4209

Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial

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Stonebridge Property Group - Brisbane
Michael Collins
Thomas Proberts
Tom Moreland

Stonebridge Property Group - Brisbane

Level 7, 10 Eagle Street
BRISBANE CITY, QLD 4000
Stonebridge Property Group - Brisbane
162 Gainsborough Drive
Pimpama, QLD 4209

Map of 162 Gainsborough Drive

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Premium Freestanding Bridgestone Investment - Thriving Gold Coast Location

  • 10 Year Lease + Opts
  • Prime Retail ‘Mecca’ Location
  • Uncapped CPI Increases
Stonebridge National Investment Sales is pleased to present to the market Bridgestone Pimpama (Gold Coast) for sale via National Portfolio Auction to be held on 9 March at 11AM (AEDT).

The asset has the following key investment features:

- Secure 10 year net lease to 2027 + options to 2044 with favourable uncapped CPI annual rent increases

- Bridgestone Australia Limited – Subsidiary of Tokyo listed Bridgestone Corporation with 300+ locations nationwide and $37 Billion market capitalisation

- Well configured 1,869 sqm* site providing 19 car parks and seamlessly integrated with neighbouring 7-Eleven and Subway convenience retail offering

- Modern, purpose built 698 sqm* Bridgestone tyre & auto centre boasting significant depreciation benefits and featuring the global company's latest corporate branding, internal equipment and technology

- High profile position with significant exposure to major thoroughfare, Yawalpah Road, connecting Pimpama’s retail precinct to the nearby Pacific Motorway M1

- Prime location within key retail precinct and carriageway – neighbours include Woolworths anchored Pimpama Junction Shopping Centre, McDonalds, Red Rooster, Zambrero, United, Bunnings, Officeworks, Petbarn, Guzman y Gomez, Oporto and Carl’s Jr.

- Pimpama – Australia’s sixth fastest growing suburb within the booming Brisbane to Gold Coast corridor, boasting 24% population growth and over $400m* of development planned or underway by the likes of Mirvac, Stockland, AV Jennings, and The Kasa Group

- Tyre & Auto – One of Australia’s most sought after asset classes due to its favourable non-discretionary characteristics and security of lease covenants

- Net Lease – Tenant pays all usual outgoings including Insurance and Land Tax

*Approximately

Bridgestone Pimpama (Gold Coast) is for sale via National Portfolio Auction to be held on Thursday, 9 March at 11AM (AEDT). Please contact the exclusively appointed Stonebridge property professionals for more information.

Property Code: 589

Pimpama, 4209 demographic data

The median household income for Pimpama is $1,863, 24% higher than Regional Queensland's household income of $1,507. Pimpama has a younger age profile compared to the rest of Regional Queensland (median age 29 vs 41). Property ownership data shows 75% of property owners in Pimpama have a mortgage.

24,601
Population
$1,863 per week
Median household income
29 years
Median age
Renters
Most residents
Families
Most households

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