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