99 Bikes, 254 Waterworks Rd,
Ashgrove, QLD 4060
Shops & Retail • Showrooms & Large Format Retail • Offices
Key property information
Land area
Floor area
Car spaces
Sold on
Stonebridge Property Group - Brisbane
Level 7, 10 Eagle StreetBRISBANE CITY, QLD 4000
99 Bikes, 254 Waterworks Rd
Ashgrove, QLD 4060
Map
High Profile Brisbane Freehold - Anchor Lease to Global Tenant
- 3 km* to Brisbane CBD
- Valuable 1,288 sqm* Metro Landholding
- Exposed to 27,407+* Vehicles Daily
Stonebridge is pleased to present ’99 Bikes Ashgrove (Brisbane)’ for sale via National Portfolio Auction on Friday 31 October at 11am (AEDT).
The asset has the following key investment features:
- Brisbane high street retail asset anchored by global tenant with 3 year lease to 2028 plus options to 2040 with CPI annual rent increases
- 99 Bikes (Pedal Group) – Australia’s number one bicycle retailer, a wholly owned subsidiary of Pedal Group and backed by ASX listed Flight Centre, boasting a network of 75+ stores globally
- Valuable 1,288 sqm* Brisbane metro landholding in tightly held precinct 3.5 km* from the CBD
- Prime location with expansive frontage to Waterworks Road, key arterial carrying 27,407+* vehicles daily
- Directly opposite Ashgrove Marketplace, Woolworths anchored neighbourhood shopping centre
- Ashgrove – Affluent near city Brisbane suburb 3.5 km* from CBD, with household income 64% above national median
- 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 $250,000 pa* + GST
‘99 Bikes Ashgrove (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: 1463
The asset has the following key investment features:
- Brisbane high street retail asset anchored by global tenant with 3 year lease to 2028 plus options to 2040 with CPI annual rent increases
- 99 Bikes (Pedal Group) – Australia’s number one bicycle retailer, a wholly owned subsidiary of Pedal Group and backed by ASX listed Flight Centre, boasting a network of 75+ stores globally
- Valuable 1,288 sqm* Brisbane metro landholding in tightly held precinct 3.5 km* from the CBD
- Prime location with expansive frontage to Waterworks Road, key arterial carrying 27,407+* vehicles daily
- Directly opposite Ashgrove Marketplace, Woolworths anchored neighbourhood shopping centre
- Ashgrove – Affluent near city Brisbane suburb 3.5 km* from CBD, with household income 64% above national median
- 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 $250,000 pa* + GST
‘99 Bikes Ashgrove (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: 1463
Ashgrove, 4060 demographic data
The median household income for Ashgrove is $2,874, 55% higher than Greater Brisbane's household income of $1,849. Ashgrove has an older age profile compared to the rest of Greater Brisbane (median age 38 vs 36). Property ownership data shows 56% of property owners in Ashgrove have a mortgage.
13,450
Population
$2,874 per week
Median household income
38 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
More properties from Stonebridge Property Group - Brisbane
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Guzman Y Gomez, 340 Wardell Street,Enoggera, QLD 4051 264 m²Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial
Contact Agent
Affinity Education, 180 Osborne Rd,Mitchelton, QLD 4053 2268 m²Medical & Consulting • Shops & Retail • Showrooms & Large Format Retail