Colliers Retail Middle Markets and Stonebridge Property Group are excited to present for sale Repco Max Capalaba, a recently refurbished, freestanding Large Format Retail (LFR) showroom boasting significant exposure in Capalaba's tightly held retail and industrial precinct, just 20 kilometres south-east of Brisbane CBD.
Repco Max Capalaba is a 1,924m² LFR showroom, secured by a brand new 9.5-year lease to Repco, a nationally recognised market leader in the automative parts sector, backed by a corporate guarantee from parent company GPC Asia Pacific. Repco features a highly sought after net lease structure with fixed annual rental reviews, providing income security and guaranteed rental growth.
The Centre benefits from a strategic position in Capalaba, with exposure to over 69,000¹ vehicles daily along key arterial Redland Bay Road and Moreton Bay Road. The precinct is currently undergoing a $250 million revitalisation project², which is anticipated to drive further demand for retail and enhance the popularity and desirability of Capalaba.
- Leased to Repco, a subsidiary of Genuine Parts Company (NYSE: GPC), a global automotive leader.
- Net lease with 100% of outgoings recoverable, including land tax.
- Fixed annual rental increases of 3.25%.
- 9.5-year WALE under a brand-new lease agreement.
- Prominent frontage to Redland Bay Road and Moreton Bay -Road, with exposure to over 69,000 vehicles daily¹.
Redland City's population is projected to reach 211,500 by 2046².
Expressions of Interest closing 2.00pm (AEST) on Thursday, 26 June 2025.
¹AADT Segment Report
²idcommunity
*approx.
For further information, please contact:
Harry Dever | harry.dever@colliers.com | +61 421 170 033
Tim McIntosh | tim.mcintosh@colliers.com | +61 488 320 063
Rorey James | rjames@stonebridge.com.au | +61 439 400 081
Kevin Tong | ktong@stonebridge.com.au |+61 422 848 818
Tom Moreland | tmoreland@stonebridge.com.au | +61 408 072 822