Share this property

realcommercial.com.au
JLL - Brisbane

Morayfield Village 177 - 189 Morayfield Road Morayfield, QLD 4506

Directions

Morayfield Village 177 - 189 Morayfield Road,
Morayfield, QLD 4506

Shops & Retail • Showrooms & Large Format Retail

Key property information

Land area

Floor area

Tenure type

Sold on

JLL - Brisbane
Ned Mckendry
Jacob Swan

JLL - Brisbane

Central Plaza One Level 39, 345 Queen Street
BRISBANE CITY, QLD 4000
JLL - Brisbane
Morayfield Village 177 - 189 Morayfield Road
Morayfield, QLD 4506

Map of Morayfield Village 177 - 189 Morayfield Road

Directions

High-Profile Southeast Queensland LFR Centre Located In the Rapidly Growing Northern Brisbane Corridor

  • 89% of income secured by national tenant
  • Annual rent reviews for all tenants
  • Long WALE of 5.58 years (by income)
Colliers Retail Middle Markets and JLL, are excited to announce the sale of Morayfield Village, a Large Format Retail (LFR) Centre, strategically located in Brisbane’s rapidly expanding Northern Growth Corridor, 46 kilometres north of Brisbane CBD and 61 kilometres south of the Sunshine Coast.

Morayfield Village occupies a high-profile corner position within one of Brisbane’s busiest retail precincts, directly adjoining the strong-performing Morayfiled Shopping Centre. The Centre benefits from exceptional exposure to 31,000+ vehicles daily¹, with more than 165m of prime frontage along major arterial Morayfield Road.

The Centre features a strong tenancy mix comprising LFR and Convenience retailers, anchored by reputable national tenants Repco (NYSE: GPC), Choice The Discount Store, Mr Toys and supported by eight (8) complimentary retailers. Having undergone extensive refurbishments in 2021, the Centre now boasts a total lettable area of 6,916m² on a substantial 17,020m² landholding, and is serviced by a convenient on-grade car park providing 269 spaces.

• Situated in one of Brisbane’s busiest retail precincts
• 89% of income secured by national tenants, with key anchor tenant Repco (GPC:NYSE), a Fortune 500 company
• 100% of leases incorporating either CPI-linked or fixed annual rental increases
• Premium investment with 96% occupancy
• Refurbished in 2021, offering investors immediate depreciation benefits
• Substantial 1.7ha* landholding featuring 269 on-grade car parks
• Exposure to over 31,0001+ vehicles daily along arterial Morayfield Road
• Located in major growth corridor, with the City of Moreton Bay projected to gain an additional 308,500 residents by 2046²


¹Transport and Main Roads QLD
²City of Moreton Bay
*approx.

Explore property virtually

Video

Morayfield, 4506 demographic data

24,898
Population
$1,442 per week
Median household income
34 years
Median age
Owners
Most residents
Families
Most households
JLL - Brisbane
Central Plaza One Level 39, 345 Queen Street
BRISBANE CITY, QLD 4000
Colliers - Brisbane
Level 5, 1 Eagle Street
BRISBANE CITY, QLD 4000

More properties from JLL - Brisbane

Other properties you might be interested in based on the location and property type you are looking at.