689 New Cleveland RoadGumdale QLD 4154
Property Details for 689 New Cleveland Rd, Gumdale
Last Listing description (June 2022)
Premium Freestanding Metro Brisbane 7-Eleven Investment 3.75% Rent Increases
+Secure 15-year net lease to 2029 plus options to 2044.
+Guaranteed growth with annual, fixed compounding 3.75% increases.
+7-Eleven: Australia's #1 convenience retailer with over 700 stores and 38% market share.**
+Commanding 2,336 sqm corner site with combined 99 metres of frontage and exposure.
+Surrounded by important social infrastructure, including 4 schools and tertiary education facilities in a 3km radius servicing 3,000* full-time students.***
+Strategically situated opposite IGA anchored East-Side Village, boasting retail amenities including Cellarbrations, Subway, Gumdale Pharmacy, Gumdale Medical Centre and Gumdale Tavern.
+Brisbane City Council: The third largest city in Australia, with population forecast to grow 230% to 4.2 million residents by 2050.****
+Gumdale: Affluent and high capital growth suburb with median household income 100% higher than QLD's average***** and median house price increased by 43.3% to $1,372,500 in the last 12 month. ******
+Minimum management, essential service investment.
+Estimated Net Rent: $372,283 pa + GST
For Sale by Investment Portfolio Auction
10:30am (AEST) Thursday 23 June 2022
The Hilton - Brisbane
*approx
Property History for 689 New Cleveland Rd, Gumdale, QLD 4154
- 24 Jun 2022Sold - Price Undisclosed
- 24 May 2022Listed for Sale Price on Request
- 08 Aug 2017Listed for Sale For Sale by Expressions of Interest
Recent sales nearby
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0About Gumdale 4154
The size of Gumdale is approximately 4.5 square kilometres. There are 6 parks, covering nearly 1.2% of the total area. The population of Gumdale in 2016 was 2118 people. By 2021 the population was 2298 showing a population growth of 8.5% in the area during that time. The predominant age group in Gumdale is 40-49 years. Households in Gumdale are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Gumdale work in a professional occupation.In 2021, 91.80% of the homes in Gumdale were owner-occupied compared with 87.30% in 2016.
Gumdale has 687 properties. Over the last 5 years, Houses in Gumdale have seen a 99.35% increase in median value, while Units have seen a 185.91% increase. As at 30 June 2026:
- The median value for Houses in Gumdale is $2,016,043 while the median value for Units is $949,139.
- Houses have a median rent of $890.
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