62 Shore Street,
Ormiston, QLD 4160

Showrooms & Large Format Retail • Shops & Retail

Key property information

Land area

Floor area

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Map of 62 Shore Street

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CLEVELAND - High Exposure Site - Fantastic Redevelopment Opportunity

Fantastic main road exposure
Current lease terms to 2022
Current Income: $88,852 pa

4,085 sqm site with fantastic main road exposure
Zoned Commercial Industry under Redland City Council
5 x buildings totalling 1,556 sqm of lettable area
Current lease terms to 2022 + options
Rapid Tune: major motor vehicle servicing company with 20 stores in Victoria and Queensland
Fully leased as is potential income of $135,700 pa + GST
Surrounded by major large format retailers, several car yards, fast food giants like McDonald’s, service stations and close to popular IGA Marketplace Cleveland
Current Net Income: $88,852 pa + GST

Ormiston, 4160 demographic data

The median household income for Ormiston is $1,913, 3% higher than Greater Brisbane's household income of $1,849. Ormiston has an older age profile compared to the rest of Greater Brisbane (median age 47 vs 36). Property ownership data shows 45% of property owners in Ormiston have a mortgage.

6,379

Population

$1,913 per week

Median household income

47 years

Median age

Owners

Most residents

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Most households

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