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RWC Gateway

828 Old Cleveland Road Carina, QLD 4152

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828 Old Cleveland Road,
Carina, QLD 4152

Shops & Retail • Medical & Consulting • Offices

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Floor area

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RWC Gateway
Josh Jones
Marc Zietsman

RWC Gateway

8/229 Junction Road
CANNON HILL, QLD 4170
RWC Gateway
828 Old Cleveland Road
Carina, QLD 4152

Map of 828 Old Cleveland Road

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$6,100,000 (5.8%) Commanding Brisbane Retail Centre With Upside

RWC Gateway in conjunction with RWC Retail are proud to present 828 Old Cleveland Road for sale via Private Treaty. An incredible opportunity to acquire a freehold, multi tenanted investment in the heart of Carina's commercial precinct.

This property boasts an expansive 43m* frontage to Old Cleveland Road, one of Brisbane's main arterial road connecting Capalaba to Stones Corner. Investors & developers have the opportunity to acquire a strategic investment that not only provides a steady income stream but also offers the added benefit of being a significant land holding in a prominent location in Brisbane's strong real estate market.

Property features:
• 1109sqm* of building area across 2 levels
• 1486sqm* District Centre site with dual street access (Old Cleveland Road & Waratah Avenue)
• Diverse tenancy mix with Medical / Allied Health, Retail, Fitness, Consulting etc
• Current gross income of $436, 856.08* P.A + GST with 2 Year rental guarantee on vacant tenancy
• Significant redevelopment potential with a 4 storey building height limit (STCA)
• 22* on site parking spaces
• Population of 66,636* within a 3*km radius of the property and a household medium income of $136,827* ^
• 4km* to the Gateway Motorway
• 8.5km* to Brisbane CBD
• 16km* to Brisbane Airport

Sale Price: $6,100,000

For further information or to arrange an inspection please contact the Ray White Commercial exclusive marketing agents for further information.

* Approx.
^ IQ Census

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Additional information

Carina, 4152 demographic data

The median household income for Carina is $2,064, 12% higher than Greater Brisbane's household income of $1,849. Carina has an older age profile compared to the rest of Greater Brisbane (median age 37 vs 36). Property ownership data shows 58% of property owners in Carina have a mortgage.

11,678
Population
$2,064 per week
Median household income
37 years
Median age
Owners
Most residents
Families
Most households
RWC Gateway
8/229 Junction Road
CANNON HILL, QLD 4170
RWC Retail
level 26/111 Eagle Street
BRISBANE CITY, QLD 4000

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