Pavilion Arcade 287 Shute Harbour Road Airlie Beach QLD 4802

Colliers is pleased to present an irreplaceable beach front retail investment, with diverse income structure, ideally positioned in the thriving tourist hub of Airlie Beach. The property is offered for sale via International Expressions of Interest closing Thursday 27th June 2024 at 4pm (AEST).

Highlights of the opportunity include:

- Diverse income with net lease structure
- Estimate net income of $1,170,000* p.a. plus GST
- 5.97* year WALE (by income at 1 June 2024)
- Predictable income growth (minimum 3%* increases p.a.)
- Premier position in the heart of Airlie Beach. The Airlie Beach & Whitsunday corridor exposed to over 765,000 visitors per annum.
- Fantastic 1,209sqm* site on major arterial road (over 26,000* cars passing daily)
- Favourable retail catchment and demographics
- Desirable District Centre Zoning giving the asset a range of long term development potential (STCA).

For further information, contact the exclusive marketing agents at Colliers today.

* Approximate. Image locations and outlines are approximate and indicative only.