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Retail for Sale in Acacia Ridge
Woolworths & Aldi Anchored Brisbane Shopping Centre
- Building: 8,383m²
- Land: 2.15 ha (5.31 acres)
Next Steps:
Enquire with agentLioncorp Commercial & Ray White Retail are proud to present Acacia Marketplace, Acacia Ridge (Brisbane) QLD. For sale by Expressions of Interest closing Tuesday 1st September at 5pm (AEST).
|What|
• 8,383sqm* neighbourhood shopping centre offered to market for the first time in 23 years
• Dual-supermarket anchored by Woolworths & Aldi
• Supported by national brands Supercheap Auto, Chemist Warehouse, Ampol, MyCar and BWS
• 43% rental reversion uplift, with specialty gross rents averaging $701/sqm* gross
• Future repositioning or redevelopment potential with two residential houses on individual titles
• Reliable 3.45 Year WALE (By Area)
• Estimated Fully Leased Net Income of $2,196,062 + GST p.a.
|Where|
• Large 2.68ha* land parcel only 11km* South of the Brisbane CBD
• Everyday convenience with 382 on-site car parks
• Exceptional exposure with 237m* frontage to over 45,000 vehicles daily
• A growing catchment area with a great growth story
• Booming residential demand with 113% growth in median house price over the past 5 years
|Why|
• Purchase at a substantial discount to replacement cost, estimated in excess of $80 million
• Woolworths presently undertaking a $1 million+ refurbishment of their store, demonstrating their long-term commitment to the site
• 99.1% occupancy with only one vacancy
• One of the only dual-supermarket anchored neighbourhood centres in Brisbane's South
• Additional income of $60,000 generated by the residential lots
*Approximately
8,383m²
2.15 ha / 5.31 acres
Vacant
Retail, Medical/Consulting, Showrooms/Bulky Goods
Next Steps:
Enquire with agentThis property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
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