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Address available on request Capalaba, QLD 4157

Address available on request,
Capalaba, QLD 4157

Shops & Retail

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$148,500,000

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Major Metropolitan Brisbane Sub-Regional Shopping Centre Investment Opportunity

JLL has the pleasure to exclusively offer for sale, a major Queensland sub-regional shopping centre just 20km south east of the Brisbane CBD. We outline a selection of the key investment highlights below:

• Well established, high traffic, food, service and convenience based sub-regional shopping centre, comprising Coles and Woolworths supermarkets, a Big W discount department store, Harvey Norman, Birch Carroll & Coyle Cinema, four mini majors, 95 specialty shops and kiosks, providing a total GLA of 42,124* sqm

• Extensive and growing main trade area of 175,900 residents, including 73,660 residents in the key primary trade area, with robust average annual growth in the main trade area of 1.3%, expected to reach 204,900 residents in 2026^

• Strong demographic characteristics – with per capita and average household income being above the metropolitan Brisbane average^

• Significant and growing retail expenditure capacity of $2.30 billion within the main trade area – with strong average annual growth of 4.2%, expected to reach $3.79 billion in 2026^

• Secure income stream - national and chain retailers securing 90%* of GLA and 84%* of gross tenant income

• Fully leased net income as at 31 March 2015 of $11.9 million*

* Approx
^ Figures / statistics sourced from MacroPlan Dimasi, February 2015

Property ID: 501469027Last Updated: 20 Aug 2015

02 9220 85...
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Address available on request
Capalaba, QLD 4157
JLL - Sydney
Level 27, 180 George Street
SYDNEY, NSW 2000
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