Gold Coast Shopping Centre with Significant Mixed Use Development Potential

For Sale by Negotiation

7 Classic Way

Burleigh Waters QLD 4220




    • Building Name Treetops Plaza Shopping Centre
Treetops Plaza comprises an established, successful and strongly trading retail neighbourhood shopping complex anchored by a 3,037sqm* Coles Supermarket, supported by 26* specialty shops, 5* kiosks & 2* ATM’s. The Centre features an enclosed mall with a total GLA of 6,053sqm* and has undergone refurbishment.

Burleigh Waters is a recent suburb of the Gold Coast that is situated between Burleigh Heads to the east, Varsity Lakes to the west and Miami to the north. Burleigh Waters is located within 7.5* radial kilometres south-west of Broadbeach.

Key highlights include:

- Modern enclosed neighbourhood centre anchored by a strongly trading Coles supermarket supported by 26* specialty shops and 5* kiosks

- Enormous value-add potential with flexible mixed-use “Centre” zone allowing development up to 30* metres^ or 10* stories (STCA), plus current planning approval for a major mixed-use development up to 20 storeys with coastal views (valid until 2028)

- Land rich asset - large 24,900sq m* site with 4 street frontage

- Attractive net lease profile with a WALE of 4 years* (by income) allowing valuable development flexibility

- Large catchment of 37,350* people (MTA) forecast to grow to 42,420* by 2031

- Busy commercial and residential precinct adjoining major traffic generators – Bunnings, McDonald´s, Petbarn and Red Rooster

- Metropolitan location in booming Gold Coast region benefiting from $30 billion* investment injection

- High profile site on major intersection with exposure to over 72,000*≠ vehicles per day or over 25 million* cars per annum

- GLA of 6,053sq m* including 3,037sq m* Coles Supermarket

- Net Income Estimate: $2,902,155pa* (fully leased)


For Sale by Negotiation.