SOLD
Sold on 11 Dec 2023 for $5,120,000

151 George Street
Beenleigh QLD 4207

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2609m2
Sold By
CBRE Brisbane
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Property Details for 151 George St, Beenleigh

Building Type
Commercial
Land Size
2609m2
Local Government
Logan City
Lot/Plan
1/SP295819

Last Listing description (November 2023)

CBRE Retail Investments is pleased to present to market Hungry Jack's Beenleigh.


- Recently built in 2020, the property is 100% secured by Hungry Jack's, an established blue-chip retailer with over 440 stores across Australia.
- Underpinned by a highly sought-after 13-year initial lease term with additional options extending to 2050.
- Dominant 2,609sqm* site with a 39m* direct frontage to George Street.
- Strategically located in the heart of the Beenleigh retail hub alongside other powerhouse retailers including Beenleight Marketplace, Taco Bell, Supercheap and Petbarn.
- Hungry Jack's features a dual bay drive-thru with an additional 38 on-grade car bays, and is easily accessible off George Street via a signalised intersection.
- Located in a major growth corridor area at the midway point between Brisbane and the Gold Coast, the property is situated 33km* south-east of the Brisbane CBD and 38km north-west* of Surfers Paradise.
- A set and forget retail investment, boasting an easily managed and defensive income stream with built in income growth of 3.5% p.a.
- Net Income $239,000 per annum*^ + GST.


Hungry Jacks Beenleigh is for sale via expressions of interest closing Thursday 30th November 2023 at 4:00pm (AET).

For further information on this opportunity, please reach out to the sales and marketing agents.

Property History for 151 George St, Beenleigh, QLD 4207

A timeline of how this property has performed in the market
Last Sold
$5,120,000
11 Dec 2023
Listed for Rent
$200/w
20 Sep 2023
  • 11 Dec 2023
    Sold for $5,120,000
  • 01 Nov 2023
    Listed for Sale PLEASE CONTACT EXCLUSIVE AGENTS
  • 16 Jun 2023
    Listed for Rent $200 / year
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About Beenleigh 4207

The size of Beenleigh is approximately 7.7 square kilometres. It has 23 parks covering nearly 17.5% of total area. The population of Beenleigh in 2011 was 8,245 people. By 2016 the population was 8,249 showing a population growth of 0.0% in the area during that time. The predominant age group in Beenleigh is 20-29 years. Households in Beenleigh are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Beenleigh work in a labourer occupation. In 2011, 48.7% of the homes in Beenleigh were owner-occupied compared with 43.4% in 2016.

Beenleigh has 4,509 properties. Over the last 5 years, Houses in Beenleigh have seen a 108.26% increase in median value, while Units have seen a 126.62% increase. As at 30 September 2024:

  • The median value for Houses in Beenleigh is $658,782 while the median value for Units is $443,286.
  • Houses have a median rent of $500 while Units have a median rent of $400.
There are currently 50 properties listed for sale, and 20 properties listed for rent in Beenleigh on OnTheHouse. According to CoreLogic's data, 258 properties were sold in the past 12 months in Beenleigh.

Suburb Insights for Beenleigh 4207

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.