459 Old Cleveland Road
Camp Hill, QLD 4152

Overview

Fully Leased Inner-Brisbane Retail Centre

This commercial retail centre located at 459 Old Cleveland Road, Camp Hill, presents a unique investment opportunity in the inner-Brisbane area. The property is offered for sale by auction scheduled for Friday 8th May 2026 at 9:45am (AEST) at Level 26, 111 Eagle Street, Brisbane City.

The retail centre spans 348 square meters and is currently fully leased to five tenants, providing a stable and passive income stream. The investment benefits from a majority of usual outgoings being recoverable, enhancing the net income potential.

Designed with convenience in mind, the property offers 12 on-site car parks along with an additional 7 street parks directly in front of the centre, facilitating easy access for customers and tenants alike. The lease structure is robust, with a weighted average lease expiry (WALE) of 2.41 years, ensuring tenancy security in the near term.

The fully leased net income stands at $236,520 plus GST per annum, reflecting the property's strong income-generating capability.

Situated on a prominent 936 square meter corner landholding, the centre enjoys excellent exposure to over 242,000 vehicles weekly, enhancing visibility and customer reach. The location is just 4 kilometers from the Brisbane Central Business District (CBD), placing it within a sought-after commercial precinct.

The suburb of Camp Hill is recognized for its desirable residential market, with a median house price of approximately $1,900,000, indicating a strong local economy and affluent demographic.

The investment is underpinned by landlord-favorable lease terms, including Consumer Price Index (CPI) linked and 3% annual rental increases, providing a hedge against inflation and ensuring rental growth over time.

Longstanding tenants occupy the property, some for over a decade, which demonstrates tenant satisfaction and stability. This makes the property ideally suited for investors seeking a passive, defensive retail investment with reliable income and growth prospects.

Notably, this property is being offered to the market for the first time since its construction, presenting a rare opportunity to acquire a well-maintained and fully leased retail asset in a prime location.

Location