Colliers is pleased to present a premier retail investment, with value-add potential located in the established Sunnybank Hills precinct. The property is offered for sale via Expressions of Interest closing 16 May 2024, 4pm (AEST).
Sunnybank Hills Shopping Village is a thriving multi-tenanted investment on
an irreplaceable 9,706m2* corner lot with ample onsite car parks. With a
total NLA of 1,478m2* there are a total of 15 tenancies providing a diversified
income profile.
- Net lease structures throughout with 100% of outgoings recoverable (excluding land tax)
- Diverse net income of $932,699* p.a. plus GST
- Predictable income growth (minimum CPI or 3% increases p.a.)
- Opportunity to reposition and add value to the asset
- The entire retail facility has been approved to strata into 15 individual shops
- Fantastic 9,706sqm* corner site with dual street exposure to Hellawell Road and Jackson Road
- Favourable retail catchment and demographics
Sunnybank Hills Shopping Village is for sale via Expressions of Interest closing 16 May 2024, 4pm (AEST).
For further information, contact the exclusive marketing agents at Colliers today.
*approximate