9 Bannockburn Road,
Bannockburn, QLD 4207
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CBRE - Brisbane
Waterfront Place Level 3, 1 Eagle StreetBRISBANE CITY, QLD 4000
9 Bannockburn Road
Bannockburn, QLD 4207
Map of 9 Bannockburn Road
FOR SALE | BANNOCKBURN VILLAGE
- Constructed in September 2021
- Brand-new 10-year lease to Woolworths
- Income security via a 8.07-year WALE
CBRE, in conjunction with JLL, are pleased to present Bannockburn Village, a recently completed, pure convenience neighbourhood shopping centre located within South East Queensland's tightly held Southern growth corridor.
For Sale by Expressions of Interest closing Thursday 17th November at 4:00pm (AEST).
BULLETPROOF ANCHOR
Secured by a brand new 10-year lease to Woolworths Group (ASX:WOW) representing over 65% of gross rental income.
ESSENTIAL SERVICES FOCUS
High exposure to non-discretionary and daily needs retailers, underpinning 94%* of centre GLA.
DESIGNED FOR ULTIMATE CONSUMER CONVENIENCE
Highly convenient at-grade car parking for 210 car bays and the latest format Woolworths Direct to Boot drive through provides exceptional convenience for daily needs focused customers.
STRATEGIC POSITIONING
Conveniently located at the corner of Bannockburn Road and Beaudesert Beenleigh Road, the Centre provides the cornerstone for the surrounding growth catchment, and benefits from excellent access between the Brisbane to Gold Coast road network.
INCOME SECURITY
Excellent income security via a long 8.07-year WALE* (by income) with income growth supported by favourable specialty net lease structures with fixed annual reviews of 3.0% - 5.0%.
SIGNIFICANT DEPRECIATION BENEFITS
Purpose built by Woolworths Group in September 2021 to service the growing catchment, the Centre offers significant depreciation benefits.
POPULATION GROWTH
Primary Trade Area (PTA) population is set to increase by 54% between 2022 and 2036, at an annual growth rate of 4.5%, far greater than the metropolitan Brisbane average of 1.7%^.
Fully Leased Net Operating Income $1,435,539 p.a.*
* Approximate
^ Location IQ
For Sale by Expressions of Interest closing Thursday 17th November at 4:00pm (AEST).
BULLETPROOF ANCHOR
Secured by a brand new 10-year lease to Woolworths Group (ASX:WOW) representing over 65% of gross rental income.
ESSENTIAL SERVICES FOCUS
High exposure to non-discretionary and daily needs retailers, underpinning 94%* of centre GLA.
DESIGNED FOR ULTIMATE CONSUMER CONVENIENCE
Highly convenient at-grade car parking for 210 car bays and the latest format Woolworths Direct to Boot drive through provides exceptional convenience for daily needs focused customers.
STRATEGIC POSITIONING
Conveniently located at the corner of Bannockburn Road and Beaudesert Beenleigh Road, the Centre provides the cornerstone for the surrounding growth catchment, and benefits from excellent access between the Brisbane to Gold Coast road network.
INCOME SECURITY
Excellent income security via a long 8.07-year WALE* (by income) with income growth supported by favourable specialty net lease structures with fixed annual reviews of 3.0% - 5.0%.
SIGNIFICANT DEPRECIATION BENEFITS
Purpose built by Woolworths Group in September 2021 to service the growing catchment, the Centre offers significant depreciation benefits.
POPULATION GROWTH
Primary Trade Area (PTA) population is set to increase by 54% between 2022 and 2036, at an annual growth rate of 4.5%, far greater than the metropolitan Brisbane average of 1.7%^.
Fully Leased Net Operating Income $1,435,539 p.a.*
* Approximate
^ Location IQ
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Property ID: 504181763Last Updated: 3 Apr 2023
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