55 Endeavour Road, Clifton Beach, Qld 4879

parkingSpaces 377
|Retail
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Published on: 27 Feb 2025
Last updated on: 04 Mar 2025
55 Endeavour Road, Clifton Beach, Qld 4879
55 Endeavour Road, Clifton Beach, Qld 4879
55 Endeavour Road, Clifton Beach, Qld 4879
+18
55 Endeavour Road, Clifton Beach, Qld 4879
  • 18
Property ID: 504801172
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Key property information

Land Size
23,102.00 m2
Floor Area
7,811.00 m2
Parking Spaces
377
Tenure Type
tenanted

A DOMINANT NEIGHBOURHOOD SHOPPING CENTRE WITH VALUE ADD POTENTIAL - LOCATED 24KM* NORTH OF CAIRNS

55 Endeavour Road, Clifton Beach, Qld 4879
CBRE is pleased to exclusively present to market Clifton Village Shopping Centre.
Some of the key investments highlights of the asset include:

- 3,214 sqm* strong performing, recently refurbished, Coles Supermarket, secured via a new 10-year lease and currently in turnover rent.

- 79% of leased GLA secured by national retailers, including The Reject Shop, Liquorland, Domino’s, Terry White Chemmart, QML Pathology.

- 5.7 year WALE (by income) with 3.00%+ average guaranteed income growth and future value add opportunities.

- 2.3ha* expansive site with 377 car parks and extensive exposure to the Captain Cook
Highway, a major regional highway carrying 5.47 million cars annually.

- Located 24km north of Cairns, the Centre services the affluent catchment and the last Supermarket anchored centre when travelling 45km* to Port Douglas.

- Fully leased net income $2,836,000 p.a.** + GST

Clifton Village Shopping Centre is For Sale via Expressions of Interest closing Thursday 3rd April 2025 at 4pm (AEST)

For further information on this opportunity, please reach out to the exclusive sales and marketing agents.


*Approximate. ^Deep End Report 2025.
**Approximate, as at 1 March 2025.

Property Details

Basic Info

Property Type
Retail
Listing Status
On Market
Parking Spaces
377
Land Size
23,102.00 m2
Address
55 Endeavour Road, Clifton Beach, Qld 4879
Michael Hedger
Michael Hedger
Danny Betros
Danny Betros
Waterfront Place Level 3, 1 Eagle Street, Brisbane City, Qld 4000
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Michael Hedger
Michael Hedger
Danny Betros
Danny Betros
Waterfront Place Level 3, 1 Eagle Street, Brisbane City, Qld 4000
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      Property ID: 504801172

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