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Address available on request Morayfield, QLD 4506

Address available on request,
Morayfield, QLD 4506

Shops & Retail

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Range: $35,610,000 - $41,390,000

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Dominant SE Queensland bulky goods retail centre on massive 8.07ha site

- Fully leased bulky goods centre featuring 3 major anchor tenants & 16 additional retailers, presenting a total GLA of 24,248sqm (approx.)

- High profile 400m (approx.) frontage to Morayfield Road in close proximity to the Bruce Highway, just 40km (approx.) north of the Brisbane CBD, servicing the surrounding catchments of Morayfield, Burpengary, Caboolture & beyond

- Strong tenancy profile including nationally recognised retailers Spotlight, Fantastic Furniture, Beacon Lighting, Sleep City & Everyday Living

- Very low site coverage of just 30% (approx.) providing excellent scope for additional expansion & development on the site (Subject to Council Approval)

- Densely populated & rapidly expanding main trade area comprising 129,450 persons (approx.), with significant forecast population growth of 2.47% p.a. (approx.) or 3,192 persons p.a. (approx.) to 2021 (Source: Pitney Bowes Business Insight)

- Fully leased net income $3,501,000p.a. (approx.)

Property ID: 5626515Last Updated: 26 Jun 2015

realcommercial.com.au logo
Address available on request
Morayfield, QLD 4506
JLL - Sydney
Level 27, 180 George Street
SYDNEY, NSW 2000
JLL - Brisbane
Central Plaza One Level 39, 345 Queen Street
BRISBANE CITY, QLD 4000

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