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1028 Samford Rd Keperra QLD 4054

  • Shop & Retail
  • 15,576 m²
  • For Sale, Contact Agent

FOR SALE | Keperra Great Western Super Centre

    JLL and CBRE are pleased to offer for sale Keperra Great Western Super Centre. A super neighbourhood shopping centre underpinned by high performing anchors, set on a significant landholding within metropolitan Brisbane.

    For Sale Individually or 'In-One-Line' with 'The SEQ Neighbourhood Retail Collection' via an Expressions of Interest campaign closing Thursday 1st September 2022 at 4pm (AEST).

    DUAL SUPERMARKET ANCHOR
    Secured by long leases to Woolworths and Aldi with 2030+ expiries plus additional options - underpinning 31% of the centre GLA.

    STRATEGIC LANDHOLDING
    Expansive 6.49ha inner-city site only 10km north-west of Brisbane's CBD. The Centre occupies a prominent corner, situated at the intersection of two major thoroughfares. Prime landholdings of this magnitude and location are highly sought after and rarely traded.

    EPITOME OF CONVENIENCE
    The footprint of the Centre is perfectly arranged over the expansive site, with accessibility and convenience a core feature of the design. The asset offers ingress and egress points along Samford and Settlement Roads, facilitated by 646 at-grade car bays (including 260 which enjoy shade sail coverage).

    RENT REVERSION
    In addition to strong performing anchors and a complementary specialty tenancy mix, Great Western Super Centre offers 5,064sqm of Large Format Retail - underpinned by national tenants such as BCF, Petstock, The Reject Shop, Super Cheap Auto, Rivers, Bridgestone and Ultratune. Not only does this provide diverse and secure cash flow, but also allows the opportunity for future rent reversions given adjoining strong trading supermarkets, which is driving MAT and overall visitation for this part of the centre.

    SIGNIFICANTLY UNDERDEVELOPED
    Given the sheer magnitude of the landholding, the current lettable area of the centre occupies only 24% of the total site area. Dispersed across several pad sites and buildings, the asset presents the opportunity for further value-add options including expanding existing tenancies, subdivision of the large lot and potential divestment of certain precincts, development of vacant padsites and further repositioning of the tenancy mix off the back of recent positive leasing activity.

    SET FOR GROWTH
    Great Western Super Centre acts as the main shopping destination and true Town Centre for Brisbane's inner north-west, servicing a strong main trade area of 70,525^ people. Facilitated by a daily needs and non-discretionary tenancy profile, the Centre is set to benefit from further growth given Frasers' directly adjoining 550+ lot master planned community.

    ^Location IQ - July 2022

    Property Highlights

    Floor Area15,576 m²
    Land Area6.49 ha
    ParkingOn site parking available
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2017962384
    Category
    Last updated  28 Jul 2022
    Map for 1028 Samford Rd Keperra QLD 4054

    Property Highlights

    Floor Area15,576 m²
    Land Area6.49 ha
    ParkingOn site parking available
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2017962384
    Category
    Last updated  28 Jul 2022
    Level 39 Central Plaza One, 345 Queen Street Brisbane City QLD 4000
    Jacob Swan
    Jacob Swan
    JLL Brisbane
    Sam Hatcher
    Sam Hatcher
    JLL Brisbane
    Joe Tynan
    Joe Tynan
    CBRE Brisbane
    Michael Hedger
    Michael Hedger
    CBRE Brisbane

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