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CBRE is pleased to exclusively present to market Gympie Marketplace - a High-yielding Drakes-anchored shopping centre in the heart of Gympie.
Some of the key investment highlights of the asset include:
− 3,296sqm* GLA shopping centre anchored by Drakes IGA Supermarket and supported by Cellarbrations, a Medical Centre, and Ramsay Pharmacy.
− 70% of GLA and 55% of income underpinned by a high performing Drakes IGA Supermarket, Australia’s largest independent grocery retailer with over 60 stores nationally.
− 7.3 year WALE (by income) with guaranteed income growth between 3.00% - 3.50% per annum across the specialties.
− High profile 7,888sqm* site in the heart of the Gympie CBD with dual street access, complemented by 206* car parks.
− Located moments from the Bruce Highway, carrying over 9.8 million vehicles passing through Gympie annually.
− The continual supply constraints and rise in construction prices places this asset well below replacement costs.
− Fully Leased Net Income $643,000 p.a. + GST**
For Sale via Expressions of Interest closing Thursday 2nd October 2025 at 4pm (AEST)
For further information on this opportunity, please reach out to the exclusive sales and marketing agent.
*Approximate. **As at 1st September 2025
Remember to mention you found this property on CommercialReady
CBRE is pleased to exclusively present to market Gympie Marketplace - a High-yielding Drakes-anchored shopping centre in the heart of Gympie.
Some of the key investment highlights of the asset include:
− 3,296sqm* GLA shopping centre anchored by Drakes IGA Supermarket and supported by Cellarbrations, a Medical Centre, and Ramsay Pharmacy.
− 70% of GLA and 55% of income underpinned by a high performing Drakes IGA Supermarket, Australia’s largest independent grocery retailer with over 60 stores nationally.
− 7.3 year WALE (by income) with guaranteed income growth between 3.00% - 3.50% per annum across the specialties.
− High profile 7,888sqm* site in the heart of the Gympie CBD with dual street access, complemented by 206* car parks.
− Located moments from the Bruce Highway, carrying over 9.8 million vehicles passing through Gympie annually.
− The continual supply constraints and rise in construction prices places this asset well below replacement costs.
− Fully Leased Net Income $643,000 p.a. + GST**
For Sale via Expressions of Interest closing Thursday 2nd October 2025 at 4pm (AEST)
For further information on this opportunity, please reach out to the exclusive sales and marketing agent.
*Approximate. **As at 1st September 2025
Remember to mention you found this property on CommercialReady
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