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2/30 Lakeside Drive Idalia QLD 4811

  • Shop & Retail
  • 22,920 m²
  • For Sale, Contact Agent

FOR SALE | Fairfield Central, Idalia QLD

    JLL is pleased to offer For Sale Fairfield Central, Townsville's premier convenience retail and essential services precinct.

    Situated within Idalia, 7km south of Townsville's CBD, Fairfield Central provides outstanding income security via 65% of the centres Gross Lettable Area (GLA) leased to strong performing Woolworths and Coles supermarkets, and Kmart discount department store tenancies. The strong weighting of non-discretionary retail and strong tenant retention history further underpins cash flow security.

    DESIGNED FOR CONVENIENCE
    Efficient at-grade design facilitated by 980 car bays
    Low management intensiveness required
    Multiple ingress and egress points
    Over 90% of centre GLA underpinned by non discretionary retail

    INCOME SECURITY
    Long-term leases to strong performing Woolworths, Coles and Kmart underpinning security
    Centre WALE of 8.2 years (area)
    70% of gross income secured by national tenants
    Fully Leased Net Income of $7,032,965

    STRATEGIC SITE
    Expansive 9.29ha site residing 7km south of Townsville's CBD
    Convenient triple street frontage providing unparalleled accessibility, gaining exposure to 24,400 passing cars daily

    VALUE-ADD POTENTIAL
    1.07ha of additional land ensures for significant development potential, including Large Format Retail, Tavern, Fast Food, Fuel and Additional Ancillary Retail
    Favourable District Centre Zoning allows for a variety of value-add outcomes (STCA)
    At the heart of a high growth residential catchment

    Property Highlights

    Floor Area22,920 m²
    Land Area9.29 ha
    ParkingOn site parking available
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2017703072
    Category
    Last updated  7 Apr 2022
    Map for 2/30 Lakeside Drive Idalia QLD 4811

    Property Highlights

    Floor Area22,920 m²
    Land Area9.29 ha
    ParkingOn site parking available
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2017703072
    Category
    Last updated  7 Apr 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

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