Retail

Horizon @ Wellington Point Shopping Centre

677 - 685 Old Cleveland Road East Wellington Point, QLD Australia 4160
Asking Price Contact for pricing
Sq. Footage
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Lot Size sqm.

Property Description

JLL is pleased to present Horizon @ Wellington Point Shopping Center, a metro Brisbane convenience, food and lifestyle based neighborhood shopping center, anchored by a high performing IGA.


For sale via Expressions of Interest, closing 4 pm (AEST) Wednesday 17 April 2019

Investment Highlights

·        Fixed 3% rental reviews and supported by 17 specialty tenants

·        The only supermarket in an MTA of 33,440 residents including 15,140 in the primary catchment

·        Outstanding exposure and accessibility created by high profile 6,099 sqm site at the intersection of Old Cleveland Road East and Allenby Road

·        Desirable exposure to non-discretionary retail spend with 6 medical and health tenants complimented by popular food & beverage, providing outstanding income security and fixed income growth

·        Fully leased net income of $1,321,705 p.a. as on June 30, 2019

Campbell Bowers
Executive
Jacob Swan
Jacob Swan
Director, Retail Investments - QLD

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