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CBRE - Brisbane

2-16 North Street Logan Village, QLD 4207

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2-16 North Street,
Logan Village, QLD 4207

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CBRE - Brisbane
Joe Tynan
Michael Hedger

CBRE - Brisbane

Waterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
CBRE - Brisbane
2-16 North Street
Logan Village, QLD 4207

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WOOLWORTHS ANCHORED SHOPPING CENTRE IN EMERGING RESIDENTIAL CORRIDOR

  • Expansive 12,050sqm corner location
  • Investment security with dominant anchor
  • Fully leased Net Income $926,187 pa
CBRE Retail Investments are pleased to present Logan Village Shopping Centre for sale as a modern, fully leased neighbourhood shopping centre underpinned by a 2,794sqm* strong performing Woolworths Supermarket, complimented by 4 specialties with a focus on food and beverage and medical retailers. The centre is strategically located in the heart of one of south east Queensland’s fastest growing residential corridors, only 41km* south of the Brisbane CBD and is prominently positioned along the main thoroughfare capturing passing traffic from all points of the compass.

The investment boasts a 13.19* WALE giving the incoming purchaser income security as well as having 88%* of the GLA anchored by Woolworths on a 20 year lease expiring 2035. Some of the key investment attributes include:

- Expansive 12,050sqm corner location with opportunity for future expansion of the centre with an additional 488m2 (subject to council)
- Strong residential growth within the trade area seeing 10% growth
- Highly convenient shopping centre with 215 car parks provided
- Exponential retail spending growth within the main trade area going from $227m to $520m by 2026 - representing an annual growth rate of over 12%
- New generation asset offering the incoming purchaser a tax effective income stream
- Fully leased net Income $926,187 per annum

Logan Village Shopping Centre is for sale via an International Expressions of Interest campaign closing Thursday 5 September 2019 at 5.00pm (AEST).

This property forms part of The Diverse Collection portfolio being sold exclusively through CBRE, please click through to our landing page to view all assets within the collection.

https://thediversecollection.com.au/


*Approx

Property ID: 503287526Last Updated: 6 Feb 2020

CBRE - Brisbane
Waterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
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