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216-224 Moggill Road Taringa QLD 4068

  • Retail
  • 2,840 m²
  • Expressions of Interest

Prime Supermarket Development Opportunity - Site Sale & Leaseback - 100% Pre-Leased to Coles

  • Absolute Trophy Investment and Project
  • 100% Pre-Leased to Coles
  • Blue-Chip Retail Development Site

The Property occupies a high exposure left-hand side outbound location on Moggill Road, one of Brisbanes major arterial traffic routes. As such, the proposed Coles local supermarket will enjoy highly convenient access, and exposure to a huge passing traffic count of over 17.2 million* cars annually^. The site is situated in an irreplaceable position only 5.5 radial kilometres* south west of the Brisbane CBD.

Key highlights include:

- Ultra-prime development site offered for sale on a long term leaseback for a proposed freestanding Coles Local supermarket and Liquorland store. The purchaser will obtain the Development Approvals and construct the development

- Absolute trophy investment and project underwritten by a long term lease commitment to Coles - 12 years plus options

- The freestanding design will be the most convenient supermarket option in the wider trade area

- Irreplaceable location only 5.5km* west of CBD - high profile site with exposure to over 17.2*^ million cars annually

- Affluent and growing catchment with ongoing medium and high density residential development

- Freedstanding supermarkets are a highly liquid asset class

- No leasing risk - Coles will lease 100% of the project

- Attractive net lease and ease of management

- GLA: 2,840sq m* (proposed)

- Site Area: 5,306sq m*

*Aprox.
^Source: Zenith Traffic (2018 est.)

For Sale by Expressions of Interest
closing 3pm (AEST) Thursday, 7 November 2019

EXPRESSION OF INTEREST

Closing date and time07/11/2019 15:00
Recipient nameAsk Agent
Delivery addressSavills Brisbane

Property Highlights

Property ID2015695850
Floor Area2,840 m²
Land Area5,306 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  23 Jan 2020
Map for 216-224 Moggill Road Taringa QLD 4068
Savills Brisbane
Level 2, Central Plaza 2, 66 Eagle Street Brisbane City QLD 4000

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