, Caloundra QLD

For Sale


For Sale by Expressions of Interest


Modern neighbourhood shopping centre securely anchored by full-line 4,288 square metre* Woolworths supermarket and featuring five specialty shops and one ATM.

The Centre features a total GLA of 4,762sq m* with on site grade level car parking for 271* cars including 86 covered by shade-sails.

Key highlights include:

- Strongly trading ultra convenient Woolworths anchored shopping centre

- Woolworths trades above benchmark

- Non-discretionary retailers, including Supermarket, Pharmacy, Liquor and Food traders

- Easy management with only 5 specialty tenancies

- Exceptional income security with 90% of GLA secured by a long term lease to Woolworths Ltd

- The Centre offers long WALE security – 9.83* years by income and 10.75* years by area

- Rental growth underpinned by strong population growth and huge local infrastructure boom

- Estimated Net Income - $1,327,026pa* fully leased

For Sale by Expressions of Interest closing 4pm, Thursday 4 October 2018