As exclusive agents, Cushman & Wakefield is pleased to present 1908 Sandgate Road, Virginia to the market via Expressions of Interest closing 6th October 2022 at 4:00pm.
1908 Sandgate Road, Virginia is a rare investment opportunity in one of Brisbane's most renowned and tightly held showroom precincts. Sandgate Road comprises of all major retail brands and offers direct access North or South bound with exposure to almost 26 million* vehicles annually. The property is located in close proximity to key infrastructure including the Gateway Motorway, Brisbane Airport and Port of Brisbane.
The property is a modern high profile center with the following key features:
Prime multi-tenanted asset anchored by Australia's largest independent tool retailer Total Tools
Fully leased at $754,444 net per annum and boasting a strong income security with over 60% of income secured by national tenant
42 metre* frontage to Sandgate Road which has exposure to approx. 70,000 vehicles per day
3,186sqm* building area and 4,635sqm* site (68.73% site cover)
Regular shaped block zoned SC4 Specialised Centre (Large Format Retail)
Two street access with Lathe Street providing a signalised right turn southbound on Sandgate Road to the CBD
Three total crossovers at the front and rear of the property
Ample concrete hardstand car parking on site
Inner northern Brisbane location 10km* from the Brisbane CBD
For Sale via Expressions of Interest closing Thursday, 6th October 2022. For further information, please contact the Exclusive Agents at Cushman & Wakefield.
*Approx
The size of Virginia is approximately 3.0 square kilometres. It has 11 parks covering nearly 18.0% of total area. The population of Virginia in 2016 was 2209 people. By 2021 the population was 2395 showing a population growth of 8.4% in the area during that time. The predominant age group in Virginia is 30-39 years. Households in Virginia are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Virginia work in a professional occupation.In 2021, 76.40% of the homes in Virginia were owner-occupied compared with 75.60% in 2016.
Virginia has 1,369 properties. Over the last 5 years, Houses in Virginia have seen a 100.58% increase in median value, while Units have seen a 152.00% increase. As at 30 November 2025:
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