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CBRE - Brisbane

86 Poinciana Avenue Tewantin, QLD 4565

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86 Poinciana Avenue,
Tewantin, QLD 4565

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CBRE - Brisbane
Joe Tynan
Michael Hedger

CBRE - Brisbane

Waterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
CBRE - Brisbane
86 Poinciana Avenue
Tewantin, QLD 4565

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HIGH PERFORMING NOOSA WOOLWORTHS SUPERMARKET

  • Woolworths & 9 retail tenants
  • 7km west of Noosa Heads
  • Woolworths paying percentage rent
CBRE are proud to present to market Poinciana Place Shopping Centre, an established 3,104 sqm* neighbourhood shopping centre in the heart of Tewantin, anchored by a strong performing Woolworths supermarket.

• 2,400sqm* high performing Woolworths supermarket currently exceeding turnover thresholds, paying percentage rent.
• Fully leased tenant profile comprising of a Woolworths supermarket and further supported by 9 specialty tenants including medical, general retail and food and beverage based specialties.
• Major & national retailers including Woolworths, BWS and Bombay Bliss representing 91% of tenanted GLA and 83% of total gross passing income.
• Strategically positioned along the bustling Poinciana Avenue “High Street”, only 7km* west of the world class commercial and tourism hub of Noosa Heads.
• 150 on-grade and basement car bays accessible via both front and rear streets.
• 6,207sqm* land rich, high street asset below the cost of replacement with limited threat of competition.
• Full leased net income of $960,000 p.a.*

For sale via expressions of interest closing Thursday 15th June 2023 at 4:00pm (AEST).

For further information on this unique opportunity please contact the exclusive sales and marketing agents.

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Property ID: 504326172Last Updated: 6 Sep 2023

CBRE - Brisbane
Waterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
CBRE - Sunshine Coast
Level 1/17 Duporth Avenue
MAROOCHYDORE, QLD 4558
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