280 Stafford RoadStafford QLD 4053
Property Details for 280 Stafford Rd, Stafford
Last Listing description (November 2022)
Stonebridge National Investment Sales is pleased to present to the market, World Gym Stafford (Brisbane), for sale via Expressions of Interest.
The asset has the following key investment features:
- Brand new 10 year lease to 2032 + options to 2048
- World Gym - Longstanding, global 'large format' health & fitness operator established 1976, boasting a resilient and proven business model across 215 locations in 20 countries
- Land rich 5,514 sqm* site with 106 car parks, underpinned by flexible 'district centre' zoning, allowing for a multitude of future uses including medium density residential, supermarket, retail centre, hardware, showroom, childcare, aged care & retirement, government and community uses (STCA)
- Absolute prime location on Stafford Road - one of Brisbane's premier retail and lifestyle precincts, home to Stafford City Shopping Centre, Bunnings and a plethora of national retailers
- High profile, convenient position with dual street access to Stafford Road (28,537 vehicles daily*) and Rhodes Street
- State-of-the-art, newly refurbished large format offering set across 2,492 sqm* of NLA (including mezzanine), providing significant depreciation benefits
- Stafford - Well established metro 'in-fill' residential and commercial suburb only 6km to CBD, undergoing significant renewal and regentrification driven by convenience and inner-city affordability
- Successful World Gym drawing from a large trade catchment and boasting a significant membership base
- Secure lease structure - Tenant pays outgoings as per lease
- Significant tax depreciation benefits with 80% of the first years rent potentially tax free
- Annual rent increase the greater of CPI or 2.5%
- Net Income $640,000 pa* + GST
*Approximate
The Investment is for sale via Expressions of Interest closing Thursday 7th July at 1pm.
Please contact the exclusively appointed Stonebridge property professionals for more information.
Property History for 280 Stafford Rd, Stafford, QLD 4053
- 07 Jun 2022Listed for Sale Contact Agent
- 10 Sep 2021Sold for $5,100,000
- 26 May 1983Sold for $800,000
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0About Stafford 4053
The size of Stafford is approximately 3.4 square kilometres. There are 12 parks, covering nearly 20.7% of the total area. The population of Stafford in 2016 was 6561 people. By 2021 the population was 6978 showing a population growth of 6.4% in the area during that time. The predominant age group in Stafford is 30-39 years. Households in Stafford are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Stafford work in a professional occupation.In 2021, 49.10% of the homes in Stafford were owner-occupied compared with 47.80% in 2016.
Stafford has 3,632 properties. Over the last 5 years, Houses in Stafford have seen a 79.57% increase in median value, while Units have seen a 129.33% increase. As at 30 June 2026:
- The median value for Houses in Stafford is $1,437,914 while the median value for Units is $873,159.
- Houses have a median rent of $695 while Units have a median rent of $660.
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