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CBRE - Townsville

37 Dunn Road Rocklea, QLD 4106

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37 Dunn Road,
Rocklea, QLD 4106

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

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Floor area

Property extent

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CBRE - Townsville
Neville Smith

CBRE - Townsville

Ground Floor, 61-73 Sturt Street
TOWNSVILLE CITY, QLD 4810
CBRE - Townsville
37 Dunn Road
Rocklea, QLD 4106

Map of 37 Dunn Road

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Premium Metro Brisbane Tyre & Auto Investment | 5 + 5 Year Net Lease to 2032

  • Multi-national tenant
  • ‘High Impact Industry’ zoning
  • Large 5,166sqm* freehold site
Burgess Rawson is pleased to offer to the market the Bridgestone located at 37 Dunn Road, Rocklea QLD for sale via our Investment Auction Portfolio 171.

This opportunity has the following key investment highlights:

+ Five (5) year head office lease to Bridgestone Corporation to December 2027
+ One (1) further five (5) year option to December 2032
+ Bridgestone Corporation: Australia’s largest tyre retailer with 340+ stores nationally, market cap of AUD $42.6 billion & wholly owned subsidiary of Tokyo listed Bridgestone Corporation
+ Landlord favourable annual CPI reviews
+ Highly desirable net lease terms with the tenant paying all usual outgoings as per lease including repairs & maintenance
+ Significant 5,166sqm* freehold site prominently positioned within the Rocklea industrial estate, offering seamless integration with the Ipswich Motorway
+ Impressive 1,450sqm* NLA industrial facility comprising of 1,180sqm* of warehouse, 270sqm* of office accommodation & a 750sqm* covered open workshop
+ Highly desirable ‘High Impact Industry’ zoning allowing for a multitude of future uses that cater to sensitive operations (STCA)
+ Positioned within 2km* of the Oxley Zone Retail precinct, featuring major retailers Harvey Norman, McDonald’s, Supercheap Auto, TK Maxx, Officeworks & various specialty stores
+ Brisbane City: the third largest city in Australia, with a population forecast to grow by 230% to 4.2 million residents by 2050^
+ Net Income: $167,813 pa* + GST (Increasing in December to $174,687 pa* + GST)

For Sale by Investment Portfolio Auction
10:30am AEST Thursday 19 September 2024
The Hilton, Brisbane

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.

Rocklea, 4106 demographic data

The median household income for Rocklea is $1,493, 19% lower than Greater Brisbane's household income of $1,849. Rocklea has a younger age profile compared to the rest of Greater Brisbane (median age 34 vs 36). Property ownership data shows 62% of property owners in Rocklea have a mortgage.

1,672
Population
$1,493 per week
Median household income
34 years
Median age
Owners
Most residents
Families
Most households
CBRE - Townsville
Ground Floor, 61-73 Sturt Street
TOWNSVILLE CITY, QLD 4810
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