One of Brisbane’s most prominent large-format retail investments has been brought to market, with 1916–1924 Sandgate Road, Virginia offered for sale for the first time in more than three decades.
Positioned at the intersection of Sandgate Road and Ferric Street, the property comprises 4,674sqm across two titles*, with approximately 86 metres of frontage to Sandgate Road* and exposure to more than 70,000 vehicles per day.
The property is being exclusively marketed by Peter Faust and Sam Harris of NAI Harcourts Property Centre via Expressions of Interest.
re property is leased to TeamMoto, backed by ASX-listed MotorCycle Holdings Limited, providing investors with exposure to one of Australia’s major motorcycle dealership groups.
The current five-year lease runs until 30 June 2031, generating approximately $634,843 per annum net*, with fixed annual rental increases of 4%.
With no further lease options beyond the current term, the asset also provides future flexibility for the incoming owner to consider reletting, repositioning or alternative strategies at lease expiry.
Three Freestanding Showrooms Across a Major Corner Site
The landholding is improved by three freestanding showroom and warehouse buildings totalling approximately 2,075sqm*, together with extensive concrete hardstand and multiple access points.
Its Specialised Centre zoning, substantial freehold footprint and prominent corner position provide strong fundamentals for its existing large-format retail use while also offering longer-term repositioning, redevelopment or value-add potential, subject to council approval.
Positioned in a Tightly Held Brisbane Retail Corridor
Virginia has developed into one of Brisbane’s established large-format retail and commercial precincts, supported by strong arterial connectivity and a concentration of automotive dealerships, national retailers, trade suppliers and commercial operators.
Sandgate Road provides a key connection between Brisbane’s northern suburbs, the CBD and Brisbane Airport, while nearby access to the Gateway Motorway and Airport Link further strengthens connectivity across South East Queensland.
The limited availability of substantial freehold sites along the corridor adds to the significance of the offering, particularly given the property’s scale, dual access and high-profile exposure.
Expressions of Interest Closing August
Combining a nationally recognised tenant, strong annual rental growth, significant underlying land and future flexibility, 1916–1924 Sandgate Road represents a rare opportunity to acquire a major investment within one of Brisbane’s most established commercial corridors.
Expressions of Interest close Thursday, 28 August 2026 at 4:00pm AEST, unless sold prior.
The campaign is being managed exclusively by Peter Faust and Sam Harris of NAI Harcourts Property Centre.
View the listing:
1916–1924 Sandgate Road, Virginia on CommercialReady
