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Savills - Brisbane

90 Horizon Drive Middle Park, QLD 4074

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90 Horizon Drive,
Middle Park, QLD 4074

Shops & Retail
Added 3 days ago

Price information

Sale - Expression of Interest

For Sale by Expressions of Intrest

Key property information

Land area

Floor area

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Savills - Brisbane
Jon Tyson
Peter Tyson

Savills - Brisbane

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

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 39 specialty shops, 2 kiosks and 1 ATM. The complex features a total gross lettable area of 6,436sqm* 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 + 39 specialties + 2 kiosks. Total GLA 6,436sqm* 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) - $2,843,918p.a.*

*Approximate
^Source: LocationIQ

For Sale by Expressions of Interest closing 3pm (AEST), Thursday 22 August 2024.

Property ID: 504644160Last Updated: 22 Jul 2024

Savills - Brisbane
Level 33, Riverside Centre, 123 Eagle Street
BRISBANE CITY, QLD 4000
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