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Map of Fairfield Central, 2/30 Lakeside Drive
Bus stops within 5 km of Fairfield Central, 2/30 Lakeside Drive, Idalia, QLD 4811 Distance Lakeside Dr Near D'Arcy Dr 248 m Stuart Dr at Watt Street 434 m Stuart Dr at Edison Street 611 m Stuart Dr at Marconi Street 939 m Wright Street Near Stuart Dr 1.1 km POWERED BY HERE ©
POWERED BY HERE ©
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
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
Fairfield Central, 2/30 Lakeside Drive
Idalia, QLD 4811
JLL - BrisbaneCentral Plaza One Level 39, 345 Queen Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
Sam Hatcher
Jacob Swan
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