The Strand Coolangatta, 72-80 Marine Parade, Coolangatta, Qld 4225

Retail
|Offices
Contact Agent
Published on: 30 Jul 2024
Last updated on: 30 Jul 2024
The Strand Coolangatta, 72-80 Marine Parade, Coolangatta, Qld 4225
The Strand Coolangatta, 72-80 Marine Parade, Coolangatta, Qld 4225
The Strand Coolangatta, 72-80 Marine Parade, Coolangatta, Qld 4225
  • 3
Property ID: 504650936
Translate to English

Key property information

Land Size
30,002.00 m2
Floor Area
30,002.00 m2
Tenure Type
vacant

An iconic and irreplaceable Gold Coast Shopping Centre

The Strand Coolangatta, 72-80 Marine Parade, Coolangatta, Qld 4225
The Strand at Coolangatta (The Strand), is a landmark opportunity to acquire an irreplaceable and unique beachfront asset of scale in the heart of the Gold Coast. 

 A meticulously crafted 30,002 sqm, mixed-use asset dominating the trade area through its strategic coastal location, The Strand is located just 2 km* from the international Gold Coast airport. Supporting a unique tenant mix weighted toward convenience retail, anchored by Woolworths and supporting entertainment, food & beverage (F&B), office & service-based tenants.

Coolangatta on the Gold Coast is world renowned and synonymous with Australian culture & lifestyle. The area has rapidly escalated into a vibrant city backed by high-end residential developments sprawling the coast, with continued and sustained demand from affluent relocating residents of Sydney & Melbourne.


- The only of its kind in Australia | +200 metre beach frontage Australia’s widest absolute beachfront shopping centre
- High barriers to entry | One of only six shopping centres along the Gold Coast’s core beach precinct – all of which are in institutional or long-term private ownership and rarely traded
- Robust income growth | Dominant Woolworths Supermarket paying percentage rent backed by a unique tenant mix weighted retail (75%) and office (25%) with an ultra low average rent of just $640/sqm*
- Burgeoning population & wealth growth | Forecast population growth of 2.2% p.a. until 2041 (vs. SEQ 1.5%) supported by a rapidly gentrifying catchment with household incomes up 52% over 2011-21 (vs. SEQ
35%)**
- Gold Coast – a tourism mecca | Tourism generates $5.7 billion in economic activity across the region with 26.3 million visitor nights recorded – representing an equivalent 72,000 additional full-time residents**
- Luxury development pipeline | Over 2,800 residential units in the surrounding pipeline, with unprecedented luxury apartment sales over $9 million^ 

The Strand at Coolangatta is available for sale via expressions of interest closing Wednesday 21 August at 3:00pm (AEST) 

* JLL calculations from the Campaign Financial Pack. Subject to change during the campaign.
 ** LocationIQ Report, July 2024.
 ^ JLL Retail Investments Australia research, further information available on request.

Property Details

Basic Info

Property Type
RetailOffices
Listing Status
On Market
Land Size
30,002.00 m2
Address
The Strand Coolangatta, 72-80 Marine Parade, Coolangatta, Qld 4225
Nick Willis
Nick Willis
Sam Hatcher
Sam Hatcher
Level 27, 180 George Street, Sydney, NSW 2000
Get in touch
Report this page

Contact Agent

Email enquiry to JLL - Sydney

Nick Willis
Nick Willis
Sam Hatcher
Sam Hatcher
Level 27, 180 George Street, Sydney, NSW 2000
What's your enquiry about?
Write a message
      By clicking "Submit", you accept our Privacy Policy and acknowledge that as the agent for this property is located overseas, your information may not be handled in accordance with the privacy laws applicable to this website.

      Property ID: 504650936

      * THIS SERVICE MAY CONTAIN TRANSLATIONS POWERED BY GOOGLE. GOOGLE DISCLAIMS ALL WARRANTIES RELATED TO THE TRANSLATIONS, EXPRESS OR IMPLIED, INCLUDING ANY WARRANTIES OF ACCURACY, RELIABILITY, AND ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT.