Share this property

realcommercial.com.au

90 Horizon Drive Middle Park, QLD 4074

Directions

90 Horizon Drive,
Middle Park, QLD 4074

Shops & Retail

Price information

Sale

For Sale by Private Negotiation

Key property information

Land area

Floor area

Car spaces

Parking info

Property extent

Zoning

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$2,847,501
Number of Tenants
39 Tenants
Tenants / Type
Coles plus 38 specialty shops

Private inspections

to arrange a private inspection.

Map of 90 Horizon Drive

Directions
  • Train stations within 5 km of 90 Horizon Drive, Middle Park, QLD 4074Distance
    Darra Station3.2 km
    Wacol Station3.7 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 90 Horizon Drive, Middle Park, QLD 4074Distance
    Horizon Dr at Middle Park Near Riverhills Rd85 m
    Riverhills Rd at Wirilda234 m
    Horizon Dr Near Gertrude McLeod CR277 m
    Horizon Dr Near Dewsbury St476 m
    Horizon Dr at Baden Powell488 m
    POWERED BY HERE ©
POWERED BY HERE ©

Metro Middle Park Shopping Centre

  • Rare Metropolitan Brisbane Offering
  • Diverse Daily Needs Tenancy Mix
  • Significant Mixed-Use Land Holding
Metro Middle Park Shopping Centre comprises a modern, single-level enclosed neighbourhood shopping centre anchored by a 2,626sqm* Coles supermarket and supported by 38 specialty shops, 2 kiosks and 1 ATM. The complex features a total gross lettable area of 6,433sqm* and at grade parking for 301* vehicles.

Metro Middle Park is located in the established suburb of Middle Park, 17km* south-west of the Brisbane CBD. The property is strategically positioned on the corner of Horizon Drive and Riverhills Road. Horizon Drive is a local connector road connecting the centenary suburbs to the M5 (Centenary Motorway) via Sumners and Dandenong Roads.

Key highlights include:

- Only Neighbourhood Centre in Expansive Trade Area - Enclosed neighbourhood shopping centre anchored by Coles + 38 specialties + 2 kiosks. Total GLA 6,433sqm* plus parking for 301* cars.

- Rare Metropolitan Brisbane Offering - Rare opportunity to acquire a centre in booming metro Brisbane.

- Large MTA Catchment - Only major supermarket in a large MTA catchment of 24,690 people, including 15,840 in the PTA.^

- Diverse Daily Needs Tenancy Mix - Diverse convenience-based tenancy mix including Food, Liquorland, Amcal Chemist, Medical, Casual Dining & Professional Services.

- Supermarket Rental Growth - Coles currently trading into turnover rent.

- Affluent Young Family Catchment - Attractive trade area profile comprising affluent young family households. High income levels 17% above Brisbane average.

- Strong Embedded Land Value - High profile 21,390sq m* site zoned District Centre DC1, allowing mixed use development options with 90%* site cover + up to 4 storeys in height providing up to 77,000sq m* GFA potential.

- Strong Retail Spending Forecast Growth - MTA retail spending of $459.4m increasing to $692.9m by 2041.^

- Net Annual Income (Fully Leased) - $2,847,501p.a.*

*Approximate
^Source: LocationIQ

For Sale by Private Negotiation.

Property ID: 504644160Last Updated: 4 Sep 2024

realcommercial.com.au logo
90 Horizon Drive
Middle Park, QLD 4074
Savills - Brisbane
Level 33, Riverside Centre, 123 Eagle Street
BRISBANE CITY, QLD 4000

Make an enquiry

What's your enquiry about?

Enter your details

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.