SOLD
Sold on 15 Jul 2024 for $3,250,000

661 Gympie Road
Lawnton QLD 4501

Bedrooms: -
Bathrooms: -
Car spaces: 8
Floor area: 1214m2
Land area: 5822m2
Save

Property Details for 661 Gympie Rd, Lawnton

Building Type
Commercial
Floor Size
1214m2
Land Size
5822m2
Local Government
Moreton Bay
Lot/Plan
3/RP841966

Last Listing description (November 2023)

Stonebridge National Investment Sales is pleased to present Goodyear & Dunlop Tyres Lawnton (Brisbane) for sale via Expressions of Interest closing Thursday 30 November at 3pm (AEDT).

The asset has the following key investment features:


- Renewed 5 year net lease to 2026 plus options to 2036 with fixed 3% annual rent increases

- Goodyear & Dunlop Tyres Australia Subsidiary of NASDAQ listed Goodyear Tyre & Rubber Company, boasting 1,240+ locations globally and annual sales exceeding $32.4 billion*

- Irreplaceable 5,822 sqm* site in key retail and industrial precinct, boasting low 16.7%* site coverage and zoned 'Specialised Centre,' providing significant future upside (STCA)

- Longstanding Tyre & Auto location improved with brand new 'Dunlop Super Dealer' corporate branding

- Exceptional 40+ metres* frontage to major arterial, Gympie Road (26,420+ daily vehicles), plus 6 mins to Bruce Highway M1 & 9 mins to Gateway Motorway M3, carrying 141,525+ combined daily vehicles

- Prime position in key retail destination, alongside Bunnings, BCF, Supercheap Auto, Repco, Autobarn, Chemist Warehouse, Petbarn & Strathpine Shopping Centre, anchored by Coles, Target & Big W, welcoming 5.1 million visitors annually

- Only 4 minutes* from Brendale's industrial precinct, major employment hub attracting national owners and occupiers including Charter Hall, Dexus, Investec, Super Retail Group and ALDI's Qld distribution centre

- Lawnton - Burgeoning Brisbane suburb only 19 km* from the CBD, part of the rapidly expanding Moreton Bay region, population forecast to grow over 40%* to 690,000+ residents by 2041

- Net lease - Tenant pays all usual outgoings including Land Tax

- Net Income $142,268 pa* + GST


Goodyear & Dunlop Tyres Lawnton (Brisbane) is for sale via Expressions of Interest closing Thursday 30 November at 3pm (AEDT).

Please contact the exclusively appointed Stonebridge property professionals for more information.



*Approximately

Property History for 661 Gympie Rd, Lawnton, QLD 4501

A timeline of how this property has performed in the market
Last Sold
$3,250,000
15 Jul 2024
Listed for Rent
$20k/w
11 May 2020
  • 15 Jul 2024
    Sold for $3,250,000
  • 03 Nov 2023
    Listed for Sale Contact the Stonebridge Team
  • 04 Jun 2019
    Listed for Rent - Price not available
Sign in to see more transactions

Commute Calculator

About Lawnton 4501

The size of Lawnton is approximately 8.7 square kilometres. It has 34 parks covering nearly 7.7% of total area. The population of Lawnton in 2011 was 5,355 people. By 2016 the population was 5,671 showing a population growth of 5.9% in the area during that time. The predominant age group in Lawnton is 20-29 years. Households in Lawnton are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lawnton work in a trades occupation. In 2011, 62.7% of the homes in Lawnton were owner-occupied compared with 59.7% in 2016.

Lawnton has 3,603 properties. Over the last 5 years, Houses in Lawnton have seen a 79.94% increase in median value, while Units have seen a 82.61% increase. As at 31 October 2024:

  • The median value for Houses in Lawnton is $765,929 while the median value for Units is $516,786.
  • Houses have a median rent of $580 while Units have a median rent of $520.
There are currently 44 properties listed for sale, and 17 properties listed for rent in Lawnton on OnTheHouse. According to CoreLogic's data, 202 properties were sold in the past 12 months in Lawnton.

Suburb Insights for Lawnton 4501

Market Insights
Lawnton Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Lawnton Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.