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197-207 Reedy Creek Road
Burleigh Waters QLD 4220
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Sold on 13 Apr 2022

197-207 Reedy Creek Road Burleigh Waters QLD 4220

  • Shop & Retail
  • 32,850 m²
  • Sold

FOR SALE | Burleigh Home + Life, Gold Coast QLD

    JLL is pleased to offer For Sale Burleigh Home + Life, Queensland's newest Large Format Retail centre within the Gold Coast's most exclusive catchment.

    - Long-term leases to proven retailers with over 85%* of NLA leased to national covenants
    - Effective tenancy mix comprising of non-discretionary retail, medical services and food and beverage facilities
    - Income security via strong 8.3-year WALE and fixed annual reviews of 2.00%-3.00%
    - Fully Leased Net Operating Income of $3,389,843*
    - Total 3.29ha* land holding within premier coastal destination
    - Offering 384* on-grade car spaces and multiple access points
    - Rare opportunity to control the Gold Coast's most vibrant retail and lifestyle catchment
    - Direct beneficiary from the Gold Coast's 16% increase in YoY residential building approvals
    - Prestigious postcode with a median house price of $1.35M vs Queensland's median of $580,000*
    - Adjoining the dominant Stockland Burleigh which drives centre visitation and overall MAT
    - Benefits from the Gold Coast's unprecedented tourism demand, seeing over 4.2* million visitors per annum
    - Gold Coast is a true economic powerhouse contributing over $38 billion* to Queensland's GSP annually

    *All figures and information is approximate and as at 30 June 2022

    Property Highlights

    Date Sold13 Apr 2022
    Floor Area32,850 m²
    Land Area3.29 ha
    ParkingOn site parking available
    Building TypeWhole building
    Property ID2017652295
    Category
    Last updated  16 Jun 2022
    Map for 197-207 Reedy Creek Road Burleigh Waters QLD 4220

    Property Highlights

    Date Sold13 Apr 2022
    Floor Area32,850 m²
    Land Area3.29 ha
    ParkingOn site parking available
    Building TypeWhole building
    Property ID2017652295
    Category
    Last updated  16 Jun 2022

    Co-Agents

    James Wilson
    James Wilson
    Colliers International - Sydney
    Call
    +61 402 079 304
    Steven King
    Colliers International - Gold Coast
    Call
    0417789599

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