$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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