Share this property

realcommercial.com.au

The Strand Coolangatta, 72-80 Marine Parade Coolangatta, QLD 4225

Directions

The Strand Coolangatta, 72-80 Marine Parade,
Coolangatta, QLD 4225

Shops & Retail • Offices

Price information

Sale - Expression of Interest

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Private inspections

to arrange a private inspection.

Map of The Strand Coolangatta, 72-80 Marine Parade

Directions
  • Bus stops within 5 km of The Strand Coolangatta, 72-80 Marine Parade, Coolangatta, QLD 4225Distance
    Coolangatta145 m
    Griffith St Opp Dutton St147 m
    Griffith St at Coolangatta East148 m
    Griffith St at Dutton St159 m
    Coolangatta Central159 m
    POWERED BY HERE ©
POWERED BY HERE ©

An iconic and irreplaceable Gold Coast Shopping Centre

  • +200 metre absolute beach frontage
  • The only of its kinds in Australia
  • Robust income growth fundamentals
The Strand at Coolangatta (The Strand), is a landmark opportunity to acquire an irreplaceable and unique beachfront asset of scale in the heart of the Gold Coast.

A meticulously crafted 30,002 sqm, mixed-use asset dominating the trade area through its strategic coastal location, The Strand is located just 2 km* from the international Gold Coast airport. Supporting a unique tenant mix weighted toward convenience retail, anchored by Woolworths and supporting entertainment, food & beverage (F&B), office & service-based tenants.

Coolangatta on the Gold Coast is world renowned and synonymous with Australian culture & lifestyle. The area has rapidly escalated into a vibrant city backed by high-end residential developments sprawling the coast, with continued and sustained demand from affluent relocating residents of Sydney & Melbourne.


- The only of its kind in Australia | +200 metre beach frontage Australia’s widest absolute beachfront shopping centre
- High barriers to entry | One of only six shopping centres along the Gold Coast’s core beach precinct – all of which are in institutional or long-term private ownership and rarely traded
- Robust income growth | Dominant Woolworths Supermarket paying percentage rent backed by a unique tenant mix weighted retail (75%) and office (25%) with an ultra low average rent of just $640/sqm*
- Burgeoning population & wealth growth | Forecast population growth of 2.2% p.a. until 2041 (vs. SEQ 1.5%) supported by a rapidly gentrifying catchment with household incomes up 52% over 2011-21 (vs. SEQ
35%)**
- Gold Coast – a tourism mecca | Tourism generates $5.7 billion in economic activity across the region with 26.3 million visitor nights recorded – representing an equivalent 72,000 additional full-time residents**
- Luxury development pipeline | Over 2,800 residential units in the surrounding pipeline, with unprecedented luxury apartment sales over $9 million^

The Strand at Coolangatta is available for sale via expressions of interest closing Wednesday 21 August at 3:00pm (AEST)

* JLL calculations from the Campaign Financial Pack. Subject to change during the campaign.
** LocationIQ Report, July 2024.
^ JLL Retail Investments Australia research, further information available on request.

Property ID: 504650936Last Updated: 30 Jul 2024

realcommercial.com.au logo
The Strand Coolangatta, 72-80 Marine Parade
Coolangatta, QLD 4225
JLL - Sydney
Level 27, 180 George Street
SYDNEY, NSW 2000

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.