5-7 Tallebudgera Creek Road,
Burleigh Heads, QLD 4220
Shops & Retail • Medical & Consulting
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Tenure type
Sold on
Map of 5-7 Tallebudgera Creek Road
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.
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...![realcommercial.com.au logo](/listing-ui-assets/img/rca-logomark.svg)
5-7 Tallebudgera Creek Road
Burleigh Heads, QLD 4220
RWC Retaillevel 26/111 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
Contact Agency
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
![2131 Gold Coast Highway Miami QLD 4220 - Image 1](https://i1.au.reastatic.net/360x191-smart=70,r=33,g=40,b=46,quality=60,progressive/57b1ddc47169b51cd270c31edd922e20ded322ca6c699800447271a17ff4e3ff/image0.jpg)
![RWC - Gold Coast](https://i1.au.reastatic.net/170x46-fit/80a60528a30dff41eaf0ab8950d3b0e02e4cd69269f0d98d86264cf065941f8f/large_commercial.jpg)
Contact Agent
2131 Gold Coast Highway,Miami, QLD 4220 981 m²Shops & Retail • Development Sites & Land • Showrooms & Large Format Retail