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Fairfield Central, 2/30 Lakeside Drive Idalia, QLD 4811

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Fairfield Central, 2/30 Lakeside Drive,
Idalia, QLD 4811

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Map of Fairfield Central, 2/30 Lakeside Drive

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  • Bus stops within 5 km of Fairfield Central, 2/30 Lakeside Drive, Idalia, QLD 4811Distance
    Lakeside Dr Near D'Arcy Dr248 m
    Stuart Dr at Watt Street434 m
    Stuart Dr at Edison Street611 m
    Stuart Dr at Marconi Street939 m
    Wright Street Near Stuart Dr1.1 km
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FOR SALE | Fairfield Central, Idalia QLD

JLL is pleased to offer For Sale Fairfield Central, Townsville's premier convenience retail and essential services precinct.

Situated within Idalia, 7km south of Townsville’s CBD, Fairfield Central provides outstanding income security via 65% of the centres Gross Lettable Area (GLA) leased to strong performing Woolworths and Coles supermarkets, and Kmart discount department store tenancies. The strong weighting of non-discretionary retail and strong tenant retention history further underpins cash flow security.

DESIGNED FOR CONVENIENCE
• Efficient at-grade design facilitated by 980 car bays
• Low management intensiveness required
• Multiple ingress and egress points
• Over 90% of centre GLA underpinned by non discretionary retail

INCOME SECURITY
• Long-term leases to strong performing Woolworths, Coles and Kmart underpinning security
• Centre WALE of 8.2 years (area)
• 70% of gross income secured by national tenants
• Fully Leased Net Income of $7,032,965

STRATEGIC SITE
• Expansive 9.29ha site residing 7km south of Townsville’s CBD
• Convenient triple street frontage providing unparalleled accessibility, gaining exposure to 24,400 passing cars daily

VALUE-ADD POTENTIAL
• 1.07ha of additional land ensures for significant development potential, including Large Format Retail, Tavern, Fast Food, Fuel and Additional Ancillary Retail
• Favourable District Centre Zoning allows for a variety of value-add outcomes (STCA)
• At the heart of a high growth residential catchment

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Property ID: 504041319Last Updated: 30 Jun 2022

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Fairfield Central, 2/30 Lakeside Drive
Idalia, QLD 4811
JLL - Brisbane
Central Plaza One Level 39, 345 Queen Street
BRISBANE CITY, QLD 4000
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