40 William Street, Beaudesert, QLD, 4285

CBRE are pleased to offer for sale Beaudesert Fair, a 7,035sqm* neighbourhood shopping centre anchored by a Coles Supermarket and complemented by a range of essential service retailers including a newly built medical component.

Key Highlights include:
• 7,035sqm* neighbourhood shopping centre anchored by a 3,718m2 Coles Supermarket with a new lease commitment on a 15 year lease plus options representing 53% of the GFA.
• Diverse essential service profile representing 76% of the income, including Priceline Pharmacy, Café 63, Star Liquor, Butcher and a new established Fruit & Veg operator.
• Prominent location within the Beaudesert Town Centre along with restrictive barriers to entry with all major supermarkets already represented
• New Medical Hub Precinct with a focus on allied health and medical services underpinned by a Medical Centre, Radiology and Sullivan Nicolaides representing 25% of income
• The MTA area retail expenditure estimated at $373.8 million* with an average annual growth rate of 4.3% p.a. To 2041 – 47% higher than the Brisbane average
• The Centre has undergone a significant repositioning and capital expenditure program, including the Coles refurbishment and the new Medical hub precinct
• 2.17 hectare* site with dual street access and 320 at grade car parks
• 8.4 Year WALE by income supported by a realistic turnover threshold with fixed annual speciality growth
• Fully leased net income $2,013,340 p.a.*^

For further information on this unique opportunity please contact the exclusive sales and marketing agents, Joe Tynan or Michael Hedger.

*Approx, ^As at 1st November 2022

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