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Colliers - Townsville

Pavilion Arcade 287 Shute Harbour Road Airlie Beach, QLD 4802

Directions

Pavilion Arcade 287 Shute Harbour Road,
Airlie Beach, QLD 4802

Shops & Retail • Other • Hotel, Motel & Leisure

Price information

Sale - Expression of Interest closing Thu 27 Jun

Please contact agent

Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$1,170,000
Number of Tenants
9 Tenants
Tenants / Type
Boost Juice, Ripcurl, Joa Sushi

Expression of Interest

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Private inspections

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Colliers - Townsville
Peter Wheeler
Aaron Power

Colliers - Townsville

Level 1, 42 Sturt Street
TOWNSVILLE CITY, QLD 4810
Colliers - Townsville
Pavilion Arcade 287 Shute Harbour Road
Airlie Beach, QLD 4802

Map of Pavilion Arcade 287 Shute Harbour Road

Directions
  • Bus stops within 5 km of Pavilion Arcade 287 Shute Harbour Road, Airlie Beach, QLD 4802Distance
    Shute Harbour Rd at Airlie Beach Central88 m
    Shute Harbour Rd Near Broadwater Avenue286 m
    Coconut Grove at Airlie Esplanade322 m
    Shute Harbour Rd at Hermitage Drive575 m
    Broadwater Ave Near Hill Crest Ave634 m
    POWERED BY HERE ©
POWERED BY HERE ©

Irreplaceable Beach Front Mixed Use Investment

  • Mixed use investment in Airlie Beach
  • Secure 5.97* year WALE
  • Net income of $1,170,000* p.a. plus GST
Colliers is pleased to present an irreplaceable beach front retail investment, with diverse income structure, ideally positioned in the thriving tourist hub of Airlie Beach. The property is offered for sale via International Expressions of Interest closing Thursday 27th June 2024 at 4pm (AEST).

Highlights of the opportunity include:

- Diverse income with net lease structure
- Estimate net income of $1,170,000* p.a. plus GST
- 5.97* year WALE (by income at 1 June 2024)
- Predictable income growth (minimum 3%* increases p.a.)
- Premier position in the heart of Airlie Beach. The Airlie Beach & Whitsunday corridor exposed to over 765,000 visitors per annum.
- Fantastic 1,209sqm* site on major arterial road (over 26,000* cars passing daily)
- Favourable retail catchment and demographics
- Desirable District Centre Zoning giving the asset a range of long term development potential (STCA).

For further information, contact the exclusive marketing agents at Colliers today.

* Approximate. Image locations and outlines are approximate and indicative only.

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Property ID: 504598188Last Updated: 28 May 2024

Colliers - Townsville
Level 1, 42 Sturt Street
TOWNSVILLE CITY, QLD 4810
Colliers - Brisbane
Level 30, 111 Eagle Street
BRISBANE CITY, QLD 4000
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