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5-7 Tallebudgera Creek Road Burleigh Heads, QLD 4220

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5-7 Tallebudgera Creek Road,
Burleigh Heads, QLD 4220

Shops & Retail • Medical & Consulting

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Map of 5-7 Tallebudgera Creek Road

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Partnership Liquidation of Burleigh Heads Shopping Centre

  • High Tenant Retention History
  • Complimentary Tenancy Mix
  • 18,500 Cars Passing Daily^^
Ray White Commercial (QLD) are pleased to exclusively offer 5-7 Tallebudgera Creek Road, Burleigh Heads QLD for sale by Auction on Friday 7th December 2018, 10:15am at Level 26, 111 Eagle Street, Brisbane City QLD.

5-7 Tallebudgera Creek Road represents the opportunity to acquire a shopping centre located in the highly desirable suburb, Burleigh Heads.

Key Investment Attributes:
• Complimentary tenancy mix of medical, retail and restaurant tenants including a Subway head office lease
• Strong tenant retention history with long term tenants occupying for up to 22 years
• 849sqm* GLA situated on a prominent 2,898sqm* land parcel
• High levels of exposure to over 18,500 cars passing daily^^
• The Main Trade Area retail expenditure is forecast to experience strong growth of over 4.3% pa over the next 13 years, representing an annual spend of $115,100,000 by 3031**
• Guaranteed income growth with multiple 4% annual increases
• Positioned with direct connectivity to the Caltex service station providing shared access to additional 40* car parks
• Opportunity to value add through future rent reversions, with potential to stratum and sell down (STCA)
• Fully leased net income of $236,173* + GST p.a.


* Approximately
** LocationIQ
^^ Sitewisely

This property is being sold by Auction or Expressions of Interest and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property ID: 503018654Last Updated: 30 Aug 2023

04503042...
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5-7 Tallebudgera Creek Road
Burleigh Heads, QLD 4220
RWC Retail
level 26/111 Eagle Street
BRISBANE CITY, QLD 4000

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