SOLD
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Sold on 23 Nov 2024 - Price Unavailable

2 City Road
Beenleigh QLD 4207

Bedrooms: -
Bathrooms: -
Car spaces: 20
Floor area: 294m2
Land area: 1138m2
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Property Details for 2 City Rd, Beenleigh

Building Type
Commercial
Floor Size
294m2
Land Size
1138m2

Last Listing description (November 2024)

Jackson Rameau and Josh Cameron, from RWC Gold Coast, proudly present this fully-leased investment opportunity at 2 City Road, Beenleigh QLD. This is an incredible opportunity to acquire a freehold, multi-tenanted investment offering prime main road exposure. It represents a lucrative prospect for investors, with a secure additional income stream from a national electronic billboard provider on a strong 10-year lease. Don't miss out on this remarkable opportunity!

Key property features include:
• Net Income $187,412.79* p.a + GST + Outgoings

• Land area: 1,138m2*
• Net lettable Area: 294m2*
• Diverse tenancy mix comprising retail, laundromat, consulting, plus an extra large national electronic billboard provider with a 10-year lease
• Service centre not included in land parcel providing the new owner with minimal risk & head aches in relation to fuel legislation
• This centre will always gain traffic due to the neighbouring business, whether it be fuel or electric cars this centre will remain busy!
• Rental income increasing in 2024 with two (2) upcoming rental reviews
• New long-term leases with CPI increases
• Facilities include common amenities, external awnings and signage
• 20* on-site parking spaces
• Freehold property adjoining 7/11 Service station
• Great position next to the M1 with easy access
• The City of Logan is one of the largest and fastest-growing cities in Australia and is forecast to be home to an additional 200,000* residents over the next 20 years
• Our owners are genuine about selling, this absolutely will be sold!
• Do not miss out on this motorway opportunity that has significant rental upside!

For more information or to arrange a private inspection, please contact the exclusive marketing agents Jackson Rameau on 0438 451 112 or Josh Cameron on 0497 885 939.

Disclaimer:
The website may have filtered the property into a price bracket for website functionality purposes. Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers/lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility. *Approximately

Property History for 2 City Rd, Beenleigh, QLD 4207

A timeline of how this property has performed in the market
Last Sold
23 Nov 2024
Listed for Rent
$19/w
10 Dec 2020
  • 23 Nov 2024
    Sold for $2,500,000
  • 08 Aug 2024
    Listed for Sale Offers from $2,799,000
  • 17 Jul 2023
    Sold for $2,200,000
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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 4,512 properties. Over the last 5 years, Houses in Beenleigh have seen a 105.52% increase in median value, while Units have seen a 118.98% increase. As at 30 November 2024:

  • The median value for Houses in Beenleigh is $670,434 while the median value for Units is $446,857.
  • Houses have a median rent of $515 while Units have a median rent of $420.
There are currently 42 properties listed for sale, and 27 properties listed for rent in Beenleigh on OnTheHouse. According to CoreLogic's data, 255 properties were sold in the past 12 months in Beenleigh.

Suburb Insights for Beenleigh 4207

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Contact agent
Jackson Rameau
Show contact details
Josh Cameron
Show contact details
RWC Gold Coast
Preferred contact:
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.