1/150 Redland Bay Road, Capalaba, Qld 4157

RWC Bayside is pleased to present 1/150 Redland Bay Road, Capalaba to market For Sale via Offers Over $3,800,000.

A prominent freestanding showroom positioned within Capalaba's established showroom precinct, the property comprises a modern tilt-panel building with extensive glass frontage to Redland Bay Road, three roller doors and ample on-site parking.

The property is secured by a new 7-year fully nett lease to Moreton Bay Automotive, part of Q Automotive Group - a prominent automotive dealership group operating across Queensland and New South Wales, with 8 dealership precincts representing 8 manufacturer brands, including Ford, Toyota and Mercedes-Benz, and more than 40 years of trading history.

Capalaba is one of Redland City's key commercial and growth nodes, with the $250M+ Capalaba Town Centre revitalisation currently under construction.  The property also benefits from its proximity to two Brisbane 2032 Olympic venues - the Chandler Sports Precinct, which will host gymnastics, diving and track cycling, and the new Redland Whitewater Centre at Birkdale, which will host Olympic canoe slalom.

Features include:
• 633sqm* Group Title allotment with freestanding building
• Returning $205,725 PA nett + outgoings + GST
• New 7-year fully nett lease
• All outgoings recoverable, including land tax, excluding sinking fund contribution (approximately $2,800 PA)
• Prominent Redland Bay Road frontage
• Adjoining Moreton Bay Ford dealership
• Strong tenant covenant - Q Automotive Group, with 8 manufacturer brands, 8 dealership precincts and 40+ years of trading history across Queensland and New South Wales
• Close proximity to the Chandler Sports Precinct and Redland Whitewater Centre, two Brisbane 2032 Olympic venues
• Well-positioned within Capalaba's established showroom and commercial precinct

For further information or to arrange an inspection, please contact the exclusive agents from RWC Bayside.

* Approximately