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12-14 Saint Francis Drive Moranbah QLD 4744

  • Retail
  • 7,052 m²
  • Expressions of Interest

Moranbah Fair Shopping Centre - Dominant Centre in Expansive Trade Area

  • Strongly Trading Coles
  • 100% Leased
  • Strong Income Security

Moranbah Fair is a fully enclosed two level neighbourhood shopping centre anchored by a full-line Coles supermarket, with a Target Country mini-major plus 12 specialty shops*, 3 kiosks* and 6 office tenancies* plus a freestanding KFC drive-through restaurant pad site.

The centre is located in the central business precinct of Moranbah in Central Queensland, 195km* south-west of Mackay.

Key highlights include:

Absolutely dominant enclosed centre anchored by a strongly performing Coles supermarket

100%* leased providing strong passive income security. Over 66%* of the GLA is leased to Coles and Target with over 83%* secured by national tenants

Centre WALE of 5.16* years (by area)

Strong local economy underwritten by mining and other primary industries

Only major retail centre in expansive & affluent trade area featuring household income levels 74%* above benchmark. Retail spending of $275.2M* (2019) growing to $467.9M* by 2036#

GLAR: 7,052sq m* Site Area: 16,770sq m*

Net income $2.35M pa* (fully leased)

*Approximate #Location IQ

For Sale by Expressions of Interest - Individually or In One Line alongside Gladstone Square and Manning Mall Shopping Centres

Expressions of Interest close 3pm (AEST) Thursday 27 February 2020


Closing date and time27/02/2020 15:00
Recipient nameAsk Agent
Delivery addressSavills Brisbane

Property Highlights

Property ID2016032919
Floor Area7,052 m²
Land Area1.68 ha
Parking195 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
Last updated  11 Feb 2020
Map for 12-14 Saint Francis Drive Moranbah QLD 4744
Map for 12-14 Saint Francis Drive Moranbah QLD 474412-14 Saint Francis Drive Moranbah QLD 4744
Savills Brisbane
Level 2, Central Plaza 2, 66 Eagle Street Brisbane City QLD 4000

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