Rochedale Central, 11 Lorisch Way,
Rochedale, QLD 4123
Shops & Retail • Other
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Sale - Expression of Interest
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JLL - Brisbane
Central Plaza One Level 39, 345 Queen StreetBRISBANE CITY, QLD 4000
Rochedale Central, 11 Lorisch Way
Rochedale, QLD 4123
Map of Rochedale Central, 11 Lorisch Way
Train stations within 5 km of Rochedale Central, 11 Lorisch Way, Rochedale, QLD 4123 Distance Kuraby Station 4.7 km Fruitgrove Station 4.8 km POWERED BY HERE ©Bus stops within 5 km of Rochedale Central, 11 Lorisch Way, Rochedale, QLD 4123 Distance Gardner Road at Lorisch Way 0 m Gardner Road at Prebble Street 470 m Gardner Rd at Arise Boulevard 570 m Gardner Rd Near Prebble St 798 m Miles Platting Rd Near Gardner Rd 1.4 km POWERED BY HERE ©
POWERED BY HERE ©
For Sale | Rochedale Central
- Excellent location - heart of Rochedale
- Income security - 94% occupied
- Significant income growth
JLL Retail Investments is pleased to offer For Sale – Rochedale Central – a modern, two-level retail convenience centre, situated approximately 14 kilometres southeast of the Brisbane CBD.
The convenience centre is anchored by an Asian Supermarket, Medical Centre and Dental Practice -comprising approximately 1,757 square metres of total retail gross lettable area.
Constructed in 2018, an incoming purchaser will benefit from minimal capital expenditure and significant depreciation tax benefits. Rochedale Central presents the ultimate investment for an incoming purchaser.
We outline some key investment highlights below:
• Excellent Location
The centre is strategically situated in the heart of Rochedale, directly opposite the intersection of Gardner Road and Lorisch Way. Benefitting from over 130+ metres of exposure to Lorisch Way.
• Income Security
Exceptional income security via a 4.5* year WALE (by income) and a centre occupancy rate of 94% by Gross Lettable Area (GLA).
• Income Growth
The asset provides significant capital growth potential with the majority of specialty retailers tied to fixed annual 3% - 4% rent review increases.
• Depreciation Benefits
Rochedale Central is a modern convenience retail centre constructed in 2018, offering an incoming purchaser minimal capital expenditure and significant depreciation benefits.
• Exceptional Landholding
Rochedale Central is situated on prominent 5,676* square metre freehold landholding in the high growth southern corridor of Brisbane.
• Estimated Fully Leased Net Operating Income
$922,198 per annum*
Jacob Swan
Ned McKendry
Liam Cox
Rochedale Central is being offered for sale via a expressions of interest campaign closing at 4pm (AEST), on the 12th of September 2024.
Both physical & virtual Inspections of the property are strongly encouraged, please get into touch with the agency team below.
The convenience centre is anchored by an Asian Supermarket, Medical Centre and Dental Practice -comprising approximately 1,757 square metres of total retail gross lettable area.
Constructed in 2018, an incoming purchaser will benefit from minimal capital expenditure and significant depreciation tax benefits. Rochedale Central presents the ultimate investment for an incoming purchaser.
We outline some key investment highlights below:
• Excellent Location
The centre is strategically situated in the heart of Rochedale, directly opposite the intersection of Gardner Road and Lorisch Way. Benefitting from over 130+ metres of exposure to Lorisch Way.
• Income Security
Exceptional income security via a 4.5* year WALE (by income) and a centre occupancy rate of 94% by Gross Lettable Area (GLA).
• Income Growth
The asset provides significant capital growth potential with the majority of specialty retailers tied to fixed annual 3% - 4% rent review increases.
• Depreciation Benefits
Rochedale Central is a modern convenience retail centre constructed in 2018, offering an incoming purchaser minimal capital expenditure and significant depreciation benefits.
• Exceptional Landholding
Rochedale Central is situated on prominent 5,676* square metre freehold landholding in the high growth southern corridor of Brisbane.
• Estimated Fully Leased Net Operating Income
$922,198 per annum*
Jacob Swan
Ned McKendry
Liam Cox
Rochedale Central is being offered for sale via a expressions of interest campaign closing at 4pm (AEST), on the 12th of September 2024.
Both physical & virtual Inspections of the property are strongly encouraged, please get into touch with the agency team below.
Property ID: 504664176Last Updated: 15 Aug 2024
JLL - BrisbaneCentral Plaza One Level 39, 345 Queen Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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