SOLD
Sold on 22 Mar 2024 for $7,400,000

84 Bellmere Road
Bellmere QLD 4510

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4518m2
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Property Details for 84 Bellmere Rd, Bellmere

Building Type
Commercial
Land Size
4518m2
Local Government
Moreton Bay
Lot/Plan
21/SP306300

Last Listing description (September 2023)

Michael Feltoe & Lachlan O'Keeffe are proud to present Bellmere Service Centre. For Sale

|Why|

• Incredibly low maintenance investment, with all tenants responsible for all usual outgoings (excluding Land Tax)
7-Eleven are one of the largest fuel and convenience retailers in Australia, with over 740 stores nationwide, and are responsible for future site remediation
Future-proofed investment with a secure long term income stream, guaranteed fixed annual increases and immense population growth
The asset must be sold as the overseas investor is liquidating their Australian assets

|What|
Anchored by a head company lease to a 7-Eleven Service Station on a 15 year lease to 2034 plus options to 2049
Fully leased retail investment comprising a complementary tenancy mix including a Dentist, Veterinarian, Bottle Shop and Agency
Long WALE of 8.19 Years (by area)
Fully Leased Net Income of $565,015 + GST p.a.

|Where|
Strategically located on a 4,518sqm* corner site with 153m* street frontage onto Bellmere's busiest intersection
Situated opposite a brand new Woolworths Shopping Centre opening late 2023, and co-located with a high performing 120-place Busy Bees Childcare
At the doorstep to the Caboolture West Priority Development Area - set to house an additional 70,000 residents by 2050
Caboolture West has recently seen the first 2,000 homes approved for development (by Stockland), kickstarting the impending development boom in the area

Property History for 84 Bellmere Rd, Bellmere, QLD 4510

A timeline of how this property has performed in the market
Last Sold
$7,400,000
22 Mar 2024
Listed for Rent
$383/w
16 Dec 2021
  • 22 Mar 2024
    Sold for $7,400,000
  • 15 Jun 2023
    Listed for Sale $8,000,000
  • 10 Nov 2021
    Listed for Rent - Price not available
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About Bellmere 4510

The size of Bellmere is approximately 23.7 square kilometres. It has 13 parks covering nearly 2% of total area. The population of Bellmere in 2011 was 5,540 people. By 2016 the population was 5,863 showing a population growth of 5.8% in the area during that time. The predominant age group in Bellmere is 0-9 years. Households in Bellmere are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bellmere work in a labourer occupation. In 2011, 56% of the homes in Bellmere were owner-occupied compared with 55.5% in 2016.

Bellmere has 2,573 properties. Over the last 5 years, Houses in Bellmere have seen a 107.27% increase in median value, while Units have seen a 85.10% increase. As at 31 October 2024:

  • The median value for Houses in Bellmere is $741,889 while the median value for Units is $501,010.
  • Houses have a median rent of $550 while Units have a median rent of $460.
There are currently 18 properties listed for sale, and 5 properties listed for rent in Bellmere on OnTheHouse. According to CoreLogic's data, 128 properties were sold in the past 12 months in Bellmere.

Suburb Insights for Bellmere 4510

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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.