Coles Glenvale 114-128 Glenvale Road,
Glenvale, QLD 4350
Shops & Retail
Price information
Sold
Contact Agent
Key property information
Floor area
Sold on
Colliers - Sydney
Level 30, Grosvenor Place, 225 George StreetSYDNEY, NSW 2000
Coles Glenvale 114-128 Glenvale Road
Glenvale, QLD 4350
Map of Coles Glenvale 114-128 Glenvale Road
Brand New Freestanding Coles Supermarket Investment
- Long 9.81-year WALE
- 10 year net lease plus options
- Brand new supermarket
Colliers is excited to exclusively present Coles Toowoomba for sale via an International Expressions of Interest (EOI) campaign closing 2.00pm (AEST) on Wednesday 28 September 2022.
This premium essential services investment is secured by Coles class leading 10 year net lease, which includes turnover rental payable for online sales. The supermarket investment is strategically located in one of Queensland’s fastest evolving growth corridors, only 3km west of Toowoomba CBD. Toowoomba is the second-most-populous inland city in Australia and the commercial hub of the famous Darling Downs. Coles Toowoomba has a large main trade area (MTA) consisting of 27,061 persons. The population is forecasted to grow to 36,561 persons by 2041 at a rate of 1.6% per annum, 33% higher than the Australian average.
The Centre is anchored by a full line 3,664sqm Coles and Liquorland, and supported by a coffee shop. Since opening in July 2020, Coles Toowoomba has recorded strong sales given its convenient design which includes ‘on grade’ parking for 187 vehicles.
Key Investment Highlights:
· Class Leading 10 Year Net Lease Plus Options to 2073
· Long WALE of 9.81 Years by GLA
· 97% GLA Secured by Coles
· 100% Fully Leased Essential Services Investments
· Largest Supermarket in the Main Trade Area
· Exceptional MAT Growth Potential Forecast 4.5% per annum
* All figures referenced herein are approximate only. Property outline indicative only.
For further information please contact Colliers exclusive sales agents James Wilson, Stewart Gilchrist and Dan Dwan.
This premium essential services investment is secured by Coles class leading 10 year net lease, which includes turnover rental payable for online sales. The supermarket investment is strategically located in one of Queensland’s fastest evolving growth corridors, only 3km west of Toowoomba CBD. Toowoomba is the second-most-populous inland city in Australia and the commercial hub of the famous Darling Downs. Coles Toowoomba has a large main trade area (MTA) consisting of 27,061 persons. The population is forecasted to grow to 36,561 persons by 2041 at a rate of 1.6% per annum, 33% higher than the Australian average.
The Centre is anchored by a full line 3,664sqm Coles and Liquorland, and supported by a coffee shop. Since opening in July 2020, Coles Toowoomba has recorded strong sales given its convenient design which includes ‘on grade’ parking for 187 vehicles.
Key Investment Highlights:
· Class Leading 10 Year Net Lease Plus Options to 2073
· Long WALE of 9.81 Years by GLA
· 97% GLA Secured by Coles
· 100% Fully Leased Essential Services Investments
· Largest Supermarket in the Main Trade Area
· Exceptional MAT Growth Potential Forecast 4.5% per annum
* All figures referenced herein are approximate only. Property outline indicative only.
For further information please contact Colliers exclusive sales agents James Wilson, Stewart Gilchrist and Dan Dwan.
Property ID: 504148899Last Updated: 24 Feb 2023
Colliers - SydneyLevel 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
More properties from Colliers - Sydney
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Warwick Home & Life 74-80 Albion Street,Warwick, QLD 4370 2865 m²Showrooms & Large Format Retail • Shops & Retail • Medical & Consulting