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
Private inspections
to arrange a private inspection.
Colliers - Townsville
Level 1, 42 Sturt StreetTOWNSVILLE CITY, QLD 4810
Pavilion Arcade 287 Shute Harbour Road
Airlie Beach, QLD 4802
Map of Pavilion Arcade 287 Shute Harbour Road
Bus stops within 5 km of Pavilion Arcade 287 Shute Harbour Road, Airlie Beach, QLD 4802 Distance Shute Harbour Rd at Airlie Beach Central 88 m Shute Harbour Rd Near Broadwater Avenue 286 m Coconut Grove at Airlie Esplanade 322 m Shute Harbour Rd at Hermitage Drive 575 m Broadwater Ave Near Hill Crest Ave 634 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.
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.
Explore property virtually
Video
If you'd like to inspect this property in person, please to arrange a private inspection.
Property ID: 504598188Last Updated: 28 May 2024
Colliers - TownsvilleLevel 1, 42 Sturt Street
TOWNSVILLE CITY, QLD 4810
TOWNSVILLE CITY, QLD 4810
Colliers - BrisbaneLevel 30, 111 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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