Colliers are pleased to present the Bayside Centre, Jacobs Well to the market for sale via Expressions of Interest closing on Wednesday 9th March 2022.
1162 Pimpama-Jacobs Well Road, Jacobs Well QLD 4208 presents an opportunity to purchase a multi-tenanted freehold neighbourhood centre located within the popular northern Gold Coast corridor.
The asset is 100% occupied by tenants such as; Bottle Shop (8.2%), Supermarket (16.8%), Doctors (19.2%), Chemist (16.5%), Fast Food (10.4%), Real Estate Agency (11.1%), Hairdresser (6.8%) and a Bakery (11.1%) which consumes 830m2 of net lettable area. The neighbourhood centre generates an annual net income of approximately $182,778 net p.a. The asset is secured by a W.A.L.E of 2.6 Years by way of income.
For more information, please contact the exclusive listing agents:
Steven King on +61 417 789 599 or Ryan Chandler on +61 415 805 277