Rothwell Shopping Centre, 763 Deception Bay Road, Rothwell, Qld 4022

Stonebridge and JLL are privileged to present for sale Rothwell Shopping Centre, a convenience-focused and long WALE neighbourhood shopping centre anchored by Woolworths in the strategic growth region of Moreton Bay, 35km* north of Brisbane CBD. The centre benefits from an immediate pad site development opportunity with main road exposure.


The key investment highlights of this opportunity include:
 
·        Dominant 4,966 sqm* neighbourhood shopping centre anchored by Woolworths plus 9 specialty shops, 1 kiosk and 253* at-grade car spaces
·        Prominent 20,094 sqm* site located 35km* north of Brisbane CBD in a strong retail precinct with high barriers to entry 
·        Less than 8km* to the Bruce Highway, providing strategic access to Brisbane and the Sunshine Coast
·        Woolworths secures 61%* of gross rent on a rare 25-year lease plus 4x10 years option and minimum 5% base rent increases every 5 years
·        Long centre WALE of over 11.9 years* by area and total centre occupancy rate of 96%* by area
·        Exceptional income security with 97%* of passing gross rent underpinned by convenience and everyday needs retailers, including a 19%* weighting to medical & health services
·        100%* of leased specialty income is linked to attractive 4.00% fixed annual reviews
·        Gentrifying Moreton Bay growth location with retail spending forecast to increase by 3.2% p.a., reaching $2.6 billion by 2046 1 
·        Immediate development potential via the 2,300* sqm vacant pad site with main road exposure
·        Estimated fully leased net income of $2.04 million* per annum
   
Financials forecast as at 31-Mar-25; MAT as at 31-Dec-24
* Approximate
 1 Location iQ
 
Rothwell Shopping Centre is offered as part of the Australian Retail Convenience Portfolio, available for sale via Expressions of Interest closing Thursday 27th March 2025.
 
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.