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25 Pitcairn Way Pacific Pines QLD 4211

  • Shop & Retail
  • 858 m²
  • For Sale, Please Contact Agent

Fully Leased Gold Coast Convenience Retail Centre

  • Fully leased modern retail centre
  • Adjacent to McDonald’s & Woolworths
  • Net leases with fixed annual increases

JLL Metropolitan Retail Investments are pleased to present for sale The Pines Point Shopping Centre at 25 Pitcairn Way, Pacific Pines QLD - a modern convenience centre positioned in a high growth Gold Coast location.

The Pines Point Shopping Centre is being offered For Sale via Expressions of Interest closing Thursday, 20 May at 4pm.

The property has the following key characteristics:

Fully leased modern convenience centre with diverse income profile underpinned by ten non-discretionary retail tenants
Significant 2,910sqm land holding strategically located in one of the busiest shopping precincts in the area
Prime position adjacent to Woolworths and McDonald's ensuring a busy retail dynamic
Net leases with staggered expiries and fixed rental increases ranging from 2.50% - 4.00% annually for all tenancies
Built in 2012 - high quality 858sqm centre providing a generous 52 on-site car parks
Strong day & night trade with a long standing history of tenure - many tenants having operated since the centre was constructed
Supported by a dense surrounding residential catchment
Pacific Pines - ideal Gold Coast location, underpinned by a strong convenience retail focused demographic
Net income of $500,014* per annum as at 1 May 2021 

*Approximately

JLL Brisbane
JLL Brisbane

Property Highlights

Property ID2016950603
Floor Area858 m²
Land Area2,910 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  21 Apr 2021
Map for 25 Pitcairn Way Pacific Pines QLD 4211
JLL Brisbane
JLL Brisbane

Property Highlights

Property ID2016950603
Floor Area858 m²
Land Area2,910 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  21 Apr 2021
Level 39 Central Plaza One, 345 Queen Street Brisbane City QLD 4000

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