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187 Toombul Rd 2,099 SF Retail Building Northgate, QLD 4013 For Sale



Investment Highlights
- Occupies a 2,594 m² allotment featuring 23 car parks and dual-lane drive-thru.
- Integrated within a high-visibility precinct
- Improvements comprise approximately 195 m² internal GFA configured as a modern café/drive-thru outlet.
Executive Summary
Strategically positioned in Brisbane’s inner-north logistics corridor and only 9 km from the CBD, Starbucks Northgate represents a true blue-chip investment combining a globally recognized covenant with superior positional advantages. The property anchors a key motorway corridor serving an affluent and densely populated catchment, while securing exposure to Toombul Road’s heavy traffic flow exceeding 40,000 vehicles daily.
The asset benefits from a long-income profile secured under a 12-year head lease delivering structured annual growth through fixed 3% increments. Delivered in 2023, the property presents a turnkey combination of locational strength and depreciation efficiency adjacent to essential demand drivers such as Brisbane Airport, Gateway Motorway, and major regional retail nodes.
The asset benefits from a long-income profile secured under a 12-year head lease delivering structured annual growth through fixed 3% increments. Delivered in 2023, the property presents a turnkey combination of locational strength and depreciation efficiency adjacent to essential demand drivers such as Brisbane Airport, Gateway Motorway, and major regional retail nodes.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,099 SF
Building Class
B
Year Built
2023
NOI
$146,085
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.64 AC
Parking
23 Spaces (10.95 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Signage
Nearby Major Retailers
1 of 6
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187 Toombul Rd
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