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Sold on 8 Dec 2016

Arana Hills QLD 4054

  • Retail
  • 14,355 m²
  • Sold

Dominant, thriving metropolitan Brisbane sub-regional shopping centre investment

• Well established, high traffic, food, service and convenience based sub-regional shopping centre, comprising Kmart, Coles and ALDI, together with 27 high quality specialty shops and kiosks, providing a total GLA of 14,355sqm*
• Significant 5.61ha* site, located just 10km* from the Brisbane CBD
• MTA of 103,700 residents, projected to grow by 0.9% p.a. to reach 118,100 residents by 2031^
• Income security via a WALE of 11.5 years, including long lease covenants to major tenants until at least 2023
• Dominant higher order retail offering in the catchment with 92% of GLA secured to national & chain retailers
• Fully leased net income of $3,923,000 p.a.* as at 30 November 2016

* Approx
^ MacroPlan Dimasi, September 2016

EXPRESSION OF INTEREST

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Property Highlights

Property ID2013057383
Date Sold8 Dec 2016
Floor Area14,355 m²
Land Area5.61 ha
ParkingAsk Agent
Category
Last updated  14 Sep 2016
Map for Arana Hills QLD 4054
JLL - Sydney
Level 25 420 George Street Sydney NSW 2000

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