Helensvale Park, 107 Mildura Drive,
Helensvale, QLD 4212

The maturity of the complex also ensure roots to many of its anchor tenants. St Vincent De Pauls society has called this centre home for at least 15 years and have just resigned new 3 year lease plus 3 year option. Doctors at Helensvale offer bulk billing and demonstrate the viability of a medical facility in the centre opening door to possible areas of future development and growth. The convenience store has recently added a line of fresh fruit and veg providing a much needed Local Grocer to the area as well as revitalising daily trade in the complex. 3 restaurants of various ethnicities, a long standing hairdresser, and massage shop make up the balance of the tenants. One shop remains available to lease to suitably complimentary tenant.
The income of the complex offers an exceptional return of above 8% gross. Costs have been kept low by conscientious management, though opportunity exists for improvement. The land size is an inspiring 2,991sqm with a lettable area of 794. There is parking for 52 cars, though 2 have been allocated for ambulance parking and the use of the medical centre. This has not posed an issue for public access. We trust this document and our discussion can be of assistance in your considerations towards the purchase of this wonderful complex.