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5-7 Tallebudgera Creek Road Burleigh Heads, QLD 4220



5-7 Tallebudgera Creek Road Burleigh Heads, QLD 4220

Shop & Retail • Medical & Consulting
Sold Price

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Land area


Floor area


Tenure type

Tenanted Investment

Sold on

07 Dec 2018

Partnership Liquidation of Burleigh Heads 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 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)

• Fully leased net income of $236,173* + 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: 7 Feb 2019

0447 *** ***
5-7 Tallebudgera Creek Road
Burleigh Heads, QLD 4220

Agency contacts

Ray White Commercial - Queensland

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Ray White Commercial - Queensland

Level 26, 111 Eagle Street
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Michael Feltoe
Ray White Commercial - Queensland
5-7 Tallebudgera Creek Road Burleigh Heads, QLD 4220

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

Kind Regards,

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