11 Depot RoadDeagon QLD 4017
Property Details for 11 Depot Rd, Deagon
Last Listing description (November 2023)
CBRE Retail Investments are pleased to present to market Deagon Travel Centre - A long WALE retail convenience investment underpinned by high-profile national retailers, conveniently located in a dominant position in Brisbane's northern growth corridor.
A highly sought-after income profile underpinned by Hungry Jacks (13 years), Pearl Energy (10 years) and Car Wash (10 years), representing a long 8.4 year WALE.
The centre is anchored by three long-term leases with annual rental reviews between 3% and 3.5%, providing an easily managed and a defensive income structure.
Excellent accessibility with direct access off Depot Road via a signalised intersection and multiple egress and ingress points carrying traffic from all points of the compass.
Generous on-grade car parking for 42 vehicles, and a clearly signed Hungry Jack's drive-thru access offering absolute convenience for the customer experience.
With the rising cost of construction, there is an opportunity for a genuine revisionary income lift in the future
Net Income $658,000 per annum + GST *^
Deagon Travel Centre is for sale via expressions of interest closing Tuesday 5th December 2023 at 4pm (AEST).
For further information on this property, please reach out to the sales and marketing agents.
*Approximate.
Property History for 11 Depot Rd, Deagon, QLD 4017
- 05 Mar 2025Sold for $11,000,000
- 31 Oct 2023Listed for Sale PLEASE CONTACT EXCLUSIVE AGENTS
- 25 Oct 2018Sold for $7,250,000
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About Deagon 4017
The size of Deagon is approximately 3.0 square kilometres. It has 13 parks covering nearly 24.1% of total area. The population of Deagon in 2016 was 3675 people. By 2021 the population was 3773 showing a population growth of 2.7% in the area during that time. The predominant age group in Deagon is 40-49 years. Households in Deagon are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Deagon work in a professional occupation.In 2021, 67.10% of the homes in Deagon were owner-occupied compared with 63.10% in 2016.
Deagon has 1,884 properties. Over the last 5 years, Houses in Deagon have seen a 94.64% increase in median value, while Units have seen a 94.80% increase. As at 30 November 2025:
- The median value for Houses in Deagon is $1,008,730 while the median value for Units is $523,331.
- Houses have a median rent of $650 while Units have a median rent of $405.
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