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Coles Pacific Pines, 2 Norris Street, Pacific Pines, Qld 4211

Coles Pacific Pines, 2 Norris Street, Pacific Pines, Qld 4211


  • For Sale
  • For Sale by Public Auction
  • Auction

  • Land Area
  • 1.02ha (2.51 acres) (approx)
  • Floor Area
  • 3,717 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Aug 16, 2017
  • Car Spaces
  • 194

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Ultra-Prime Brand New Freestanding Coles Supermarket, Gold Coast

Coles Pacific Pines comprises a brand-new, freestanding “state of the art” full-line Coles Supermarket and Liquorland Store, completed in November 2016. Situated on a 10,150sq m* corner site, the complex features a gross floor area of 3,717sq m* with convenient on site grade-level and under-croft parking for 194 vehicles*. The complex is 100% leased to ASX-Top10 Wesfarmers Limited subsidiary, Coles Supermarkets Australia Pty Ltd, on a new 15 year net lease, with four 10 year options until 2072*.

The property is strategically located on a high-profile three-street corner site in the heart of the Gold Coast's booming Northern growth corridor.

Key features of this outstanding opportunity include:

- Brand new 3,717sq m* freestanding Coles Supermarket incorporating a 150sq m* Liquorland store (GFA)

- Prime metropolitan Gold Coast location, 10km* radially from Surfers Paradise

- New long term 15 net year lease to Coles plus 4 x 10 year options until 2072

- Rare net lease - Coles pays all operating expenses

- High performing Coles Supermarket & Liquorland Store (under one lease)

- Blue chip tenant Coles

Coles Pacific Pines, 2 Norris Street, Pacific Pines, Qld 4211

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