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264-300 Old Cleveland Road Coorparoo QLD 4151

  • Shop & Retail
  • 6,778 m²
  • For Sale, Contact agents

Coorparoo Square - a best in class neighbourhood centre, positioned for growth within the affluent inner east Brisbane

  • 5-star NABERS Energy Rating
  • Highly attractive 6-year WALE^
  • Catchment area of 521,940 residents

JLL is privileged to present the extraordinary opportunity to purchase Coorparoo Square, an iconic retail asset underpinned by exceptional investment fundamentals in Brisbane's prestigious inner east.

Coorparoo Square is being offered for sale by an Expressions of Interest process closing at 12.00pm (AEST) Tuesday, 5 th  July 2022.

Investment Highlights

Absolute Income Security
96% occupied, with a fully leased net income of $3.9 million and a highly attractive 6-year WALE^^

Convenience Retail
66% of income underpinned by ALDI, service retail and Brisbane's most sought after food & beverage operators^^

A High Performing Centre
Low average specialty occupancy cost of 12.13% provides for significant future income growth^^

Prestigious Location
Located 4.5 km* from the Brisbane CBD, servicing a total trade area of 521,940**

Recognised Award Winner
Recently constructed in 2017 and awarded the Liberty Award for Best Mixed-Use Development***

A Quality Built Centre
Developed and managed by international renowned Frasers Property Australia

Resetting Sustainability
One of Australia's most sustainable shopping centres, achieving a 5-star NABERS Energy rating

Positioned for Growth
Set to capitalise on over 5,400 units planned for development within its total trade area**

^By income
^^Estimated as at October 2021
*Approximately
**LocationIQ Report May 22
***2019 Property Council and Rider Levett Bucknall Innovation & Excellence Awards

To obtain further information or to arrange an inspection, please contact the exclusive selling agents at JLL.

Sam Hatcher
0409 899 691

Jacob Swan
0402 704 896

Nick Willis
0409 595 803

MingXuan Li
0498 688 998

Property Highlights

Floor Area6,778 m²
Land Area6,778 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017845510
Category
Last updated  7 Jun 2022
Map for 264-300 Old Cleveland Road Coorparoo QLD 4151

Property Highlights

Floor Area6,778 m²
Land Area6,778 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017845510
Category
Last updated  7 Jun 2022
Level 25 420 George Street Sydney NSW 2000
Sam Hatcher
Sam Hatcher
JLL - Sydney
Jacob Swan
Jacob Swan
JLL - Sydney
Nick Willis
Nick Willis
JLL - Sydney

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