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Ray White Commercial - Queensland
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5-7 Tallebudgera Creek Road Burleigh Heads, QLD 4220

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For Sale - Auction Fri 7 Dec

5-7 Tallebudgera Creek Road Burleigh Heads, QLD 4220

Shop & Retail • Medical & Consulting
Sale Price

Auction

Land area

2898.0m²

Floor area

849.0m²

Tenure type

Tenanted Investment

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$235,458
Number of Tenants
9 Tenants

Auction -

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Partnership Liquidation of Fully Leased Shopping Centre

  • High Tenant Retention History
  • Complimentary Tenancy Mix
  • 18,500 Cars Passing Daily^^

Ray White Commercial (QLD) are pleased to exclusively offer 5-7 Tallebudgera Creek Road, Burleigh Heads QLD for sale by Auction on Friday 7th December 2018, 10:15am at Level 26, 111 Eagle Street, Brisbane City QLD.

5-7 Tallebudgera Creek Road represents the opportunity to acquire a fully leased shopping centre located in the highly desirable suburb, Burleigh Heads.

Key Investment Attributes:

• Complimentary tenancy mix of medical, retail and restaurant tenants including a Subway head office lease

• Strong tenant retention history with long term tenants occupying for up to 22 years

• 849sqm* GLA situated on a prominent 2,898sqm* land parcel

• High levels of exposure to over 18,500 cars passing daily^^

• The Main Trade Area retail expenditure is forecast to experience strong growth of over 4.3% pa over the next 13 years, representing an annual spend of $115,100,000 by 3031**

• Guaranteed income growth with multiple 4% annual increases

• Positioned with direct connectivity to the Caltex service station providing shared access to additional 40* car parks

• Opportunity to value add through future rent reversions, with potential to stratum and sell down (STCA)

• Net income of $235,458* + GST p.a.

* Approximately

** LocationIQ

^^ Sitewisely

This property is being sold by Auction or Expressions of Interest and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property ID: 503018654Last Updated: 16 Nov 2018

0447 *** ***
Ray White Commercial - Queensland
5-7 Tallebudgera Creek Road
Burleigh Heads, QLD 4220
Michael Feltoe

Ray White Commercial - Queensland

Level 26, 111 Eagle Street
BRISBANE CITY, QLD 4000

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Ray White Commercial - Queensland

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Ray White Commercial - Queensland

Level 26, 111 Eagle Street
BRISBANE CITY, QLD 4000
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Michael Feltoe

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Michael Feltoe
Ray White Commercial - Queensland
5-7 Tallebudgera Creek Road Burleigh Heads, QLD 4220

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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