90 Horizon Drive, Middle Park, Qld 4074

Metro Middle Park Shopping Centre comprises a modern, single-level enclosed neighbourhood shopping centre anchored by a 2,626sqm* Coles supermarket and supported by 38 specialty shops, 2 kiosks and 1 ATM. The complex features a total gross lettable area of 6,433sqm* and at grade parking for 301* vehicles.

Metro Middle Park is located in the established suburb of Middle Park, 17km* south-west of the Brisbane CBD. The property is strategically positioned on the corner of Horizon Drive and Riverhills Road. Horizon Drive is a local connector road connecting the centenary suburbs to the M5 (Centenary Motorway) via Sumners and Dandenong Roads.

Key highlights include:

-  Only Neighbourhood Centre in Expansive Trade Area - Enclosed neighbourhood shopping centre anchored by Coles + 38 specialties + 2 kiosks. Total GLA 6,433sqm* plus parking for 301* cars.

-  Rare Metropolitan Brisbane Offering - Rare opportunity to acquire a centre in booming metro Brisbane.

-  Large MTA Catchment - Only major supermarket in a large MTA catchment of 24,690 people, including 15,840 in the PTA.^

-  Diverse Daily Needs Tenancy Mix - Diverse convenience-based tenancy mix including Food, Liquorland, Amcal Chemist, Medical, Casual Dining & Professional Services.

-  Supermarket Rental Growth - Coles currently trading into turnover rent.

-  Affluent Young Family Catchment - Attractive trade area profile comprising affluent young family households.  High income levels 17% above Brisbane average.

-  Strong Embedded Land Value - High profile 21,390sq m* site zoned District Centre DC1, allowing mixed use development options with 90%* site cover + up to 4 storeys in height providing up to 77,000sq m* GFA potential.

-  Strong Retail Spending Forecast Growth - MTA retail spending of $459.4m increasing to $692.9m by 2041.^

-  Net Annual Income (Fully Leased) - $2,847,501p.a.*

*Approximate
^Source:  LocationIQ

For Sale by Private Negotiation.