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JLL - Brisbane

Caloundra Village Shopping Centre, 33 Ormuz Avenue Caloundra, QLD 4551

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Caloundra Village Shopping Centre, 33 Ormuz Avenue,
Caloundra, QLD 4551

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JLL - Brisbane
Ned Mckendry
Jacob Swan

JLL - Brisbane

Central Plaza One Level 39, 345 Queen Street
BRISBANE CITY, QLD 4000
JLL - Brisbane
Caloundra Village Shopping Centre, 33 Ormuz Avenue
Caloundra, QLD 4551

Map of Caloundra Village Shopping Centre, 33 Ormuz Avenue

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FOR SALE | Caloundra Village

JLL are pleased to offer For Sale Caloundra Village, a neighbourhood centre that uniquely combines convenience, WALE, income security and is underpinned by future development in one of the Australia’s most highly sought locations, the Sunshine Coast.

• Unparalleled security of income via 100% occupancy and 9.5 year WALE
• Brand new 15-year lease to strong trading Seasons IGA, benefiting from rare 4% annual reviews and nearing percentage rent
• Over 93% of gross income underpinned by non-discretionary retailers
• Expansive on-grade 7,764sqm site with rare three street frontages
• Strong tenant retention history, with 97% (BY NLA) of tenants operating in their minimum second term
• Long term underlying land value driven by desirable Major Centre zoning and growing main trade area retail expenditure
• Fully leased Net Income of $1,437,779
Caloundra Village is being offered for sale via Expressions of Interest closing Thursday 24 th of March 2022 at 4pm (AEST).

Property ID: 504013419Last Updated: 16 Jun 2022

JLL - Brisbane
Central Plaza One Level 39, 345 Queen Street
BRISBANE CITY, QLD 4000
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