Skip to main content
Market Central Lutwyche 543 Lutwyche Road
Lutwyche QLD 4030
SearchBack to results
JLL - Sydney

Market Central Lutwyche 543 Lutwyche Road Lutwyche QLD 4030

  • Shop & Retail
  • 22,106 m²
  • For Sale, Contact Agent

Rare Triple-Supermarket Anchored Centre in Inner Metropolitan Brisbane

  • Triple Supermarket-Anchored Centre
  • 5 km North of Brisbane CBD
  • 2.15 ha* Mixed-use Land Bank

Stonebridge and JLL are pleased to present for sale Market Central Lutwyche, a rare triple-supermarket anchored neighbourhood shopping centre in Brisbane's affluent north, only 5 kilometres* from Brisbane CBD, on an expansive 21,540 sqm* mixed-use land parcel.

The key highlights of this opportunity include:

- Neighbourhood shopping centre anchored by dominant grocery chains, Coles, Woolworths and ALDI plus two mini-majors, 29* specialties, 10* kiosks and 14* office tenants across 22,106 sqm* of lettable area

- Rare offering being one of only three triple-supermarket anchored neighbourhood shopping centres in Queensland^

- Over 2.15 hectares* of prime income-producing mixed-use land, 5 km* north of Brisbane CBD and a height limit of up to 12 storeys^^

- Significant 149 metre* exposure to major arterial road, Lutwyche Road, with 50,900+ daily passing vehicles

- Convenient undercover parking for 760* vehicles providing significant permanent and temporary car parking income

- Highly affluent main trade area of over 74,000 people with median income 35.8% above the Greater Brisbane benchmark^^^

- Defensive non-discretionary income profile with 76%*the of gross rent underpinned by grocery/liquor, food retail, government and medical/allied health driving an attractive WALE of 4.5 years* (by income)

- Specialty stores trading on a sustainable basis with gross occupancy costs of 9.60%* and tenant productivity of $11,695/sqm*

- Redevelopment completed in 2019 with a $77 million (net of GST) capital investment and significant depreciation benefits available

- Estimated fully leased net income of $9.63 million p.a. as at 1-Jul-24

For Sale via Expressions of Interest, closing Wednesday 19th June 2024 at 4:00pm (AEST).

For further information or to arrange an inspection, please contact the exclusive selling agents.

* Approx.

^ PCA Data

^^ Archistar, Brisbane City Plan 2014

^^^ Location IQ

Property Code: 967

Property Highlights

Floor Area22,106 m²
Land Area2.15 ha
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2019261673
Category
Last updated  23 May 2024
Map for Market Central Lutwyche 543 Lutwyche Road Lutwyche QLD 4030

Property Highlights

Floor Area22,106 m²
Land Area2.15 ha
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2019261673
Category
Last updated  23 May 2024

Co-Agents

Carl Molony
Carl Molony
Stonebridge Property Group Pty Ltd
Call
+61 439 032 028
Philip Gartland
Stonebridge Property Group Pty Ltd
Call
+61 403 582 324
Justin Dowers
Justin Dowers
Stonebridge Property Group Pty Ltd
Call
+61 438 098 805

More Properties for Sale from JLL - Sydney

For SaleContact the exclusive agents
81-91 railway terrace,schofields, NSW 2762
6,737 m²
Development / Land
For SaleContact agent
52 hervey range road,thuringowa central, QLD 4817
11,710 m²
Shop & Retail
For SaleContact exclusive selling agents
47-97 marlborough street,surry hills, NSW 2010
8,710 m²
Offices