CBRE are pleased to present to market Gubuda-Gordonvale Shopping Centre. Some of the key investment highlights include: • 3,880sqm* Woolworths anchored neighbourhood shopping centre + 5 specialties. • New 10 year lease to a 3,315 sqm* full-line Woolworths Supermarket, occupying 85%* of GLA and 73%* of income, representing the largest Supermarket in the catchment. • Secured by a diverse national and chain tenant profile representing 72% of gross specialty income including national retailers Discount Drug Store, Domino’s and Cignall. • Purpose built by Woolworths in 2022, the centre offers exceptional income security via an 8.3 year WALE (by income). • 20,580 sqm* high exposure site with direct ingress and egress via the Bruce Highway, a major north-south arterial. • Supported by neighbouring pad sites set to be occupied by top tier national QSR operators, McDonalds and KFC, acting as significant traffic generators. • The Centre is set to benefit from significant population and retail expenditure growth within the region, including a neighbouring 300+ site residential land lease community planned for imminent construction. • MTA Population growth forecast to grow 2.1% p.a. until 2046, supported by a 4.6% p.a. retail MTA expenditure to $1.3 billion by 2046^. • Fully Leased Net Income $1,443,000 p.a. + GST* Gubuda-Gordonvale Shopping Centre is For Sale via Expressions of Interest closing Thursday 20th March 2025 at 4pm (AEST) For further information on this opportunity, please reach out to the exclusive sales and marketing agents.
Email enquiry to CBRE - Brisbane
Property ID: 504789032