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JLL - Brisbane

Bridgestone, 21 Endeavour Way Plainland, QLD 4341

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Bridgestone, 21 Endeavour Way,
Plainland, QLD 4341

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

Key property information

Land area

Floor area

Property extent

Tenure type

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JLL - Brisbane

JLL - Brisbane

Central Plaza One Level 39, 345 Queen Street
BRISBANE CITY, QLD 4000
07 3231 13...
JLL - Brisbane
Bridgestone, 21 Endeavour Way
Plainland, QLD 4341

Map of Bridgestone, 21 Endeavour Way

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Premium Tyre & Auto Investment – Opposite New Bunnings

  • 10 year net lease to Nov 2027 + options
  • Fixed 3% annual rent increases
  • Net income $114,736 pa + GST
JLL Metropolitan Retail Investments are proud to present to the market Bridgestone Plainland for Sale via Auction.

Underpinned by a long term lease to Bridgestone Australia Ltd, this investment offers exceptional security of income for the incoming purchaser in a rapidly growing location (opposite the brand new Bunnings Plainland).

The property is for sale by way of the JLL Metropolitan Retail Investments March Portfolio Auction. The Auction will be held on Thursday, 8 April at 6pm AEST at the Calile Hotel - 48 James Street, Fortitude Valley QLD.

The property has the following key characteristics:

• 10 year lease expiring 2027 to Bridgestone Australia Ltd
• Wholly owned by Bridgestone Corporation- a $30 billion global company with over 300 stores in Australia
• Tenant pays all outgoings including land tax, capital works & management
• 3% fixed annual rental increases
• Near new build with significant depreciation benefits
• 1,491sqm site directly opposite brand new Bunnings in thriving growth corridor
• Net income of $114,736p.a. as at 31 March 2021

Plainland, 4341 demographic data

The median household income for Plainland is $1,601, 13% lower than Greater Brisbane's household income of $1,849. Plainland has an older age profile compared to the rest of Greater Brisbane (median age 37 vs 36). Property ownership data shows 61% of property owners in Plainland have a mortgage.

1,930
Population
$1,601 per week
Median household income
37 years
Median age
Owners
Most residents
Families
Most households
JLL - Brisbane
Central Plaza One Level 39, 345 Queen Street
BRISBANE CITY, QLD 4000