177-189 Morayfield Road, Morayfield QLD

For Sale

Retail

For Sale by Expressions of Interest

6939m2

    • Building Name Morayfield Village Shopping Centre
Morayfield Village Retail Centre comprises a well-established, modern, single level retail centre featuring a dynamic tenancy mix.

Morayfield Village occupies a prominent, high exposure corner location on Morayfield Road, a major arterial route connecting Morayfield and Caboolture with the Bruce Highway (M1 Motorway).

The Centre is in close proximity of numerous major traffic generators and adjoins the 59,300sqm* Morayfield Regional Shopping Centre, anchored by Coles, Woolworths, Target, Kmart, Big W and Event Cinemas. Other major retailers in the precinct include Aldi, Bunnings Warehouse, and an additional two Woolworths supermarkets.

Key attributes include:

- Modern single level retail centre boasting a strong national tenant mix including Harris Scarfe, Mr Toys Toyworld, Suncorp Bank, Bank of Qld, Rivers. Jenny Craig & National Hearing Centre

- Morayfield Village Shopping Centre adjoins Morayfield Regional Shopping Centre anchored by Woolworths, Coles, Kmart, Big W and Event Cinemas

- Major arterial road corner position with exposure to over 28,000* vehicles daily

- National and brand tenants secure over 75%* of income. Annual increases ranging up to 4%

- “Centre” zoning allows wide ranging uses including retail, commercial, education and entertainment

- Trade Area forecast to grow by 31%*^ to over 214,000* residents by 2031. New 1,200 lot residential estate nearby

- Prominent large 16,690sq m* site - 6,939sq m* building

- Annual Net Income: $1,743,744pa*

For Sale by Expressions of Interest closing 4pm Thursday 26 July 2018

*Approx.
^Source: Location IQ