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Crestwood Plaza, 458 Olsen Avenue, Molendinar, QLD, 4214

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Crestwood Plaza, 458 Olsen Avenue, Molendinar, QLD, 4214

Molendinar

Crestwood Plaza, 458 Olsen Avenue, Molendinar, QLD, 4214
Properties / Buy / Queensland / Molendinar
Tenanted Investment
Selling Method
EOI
Selling Details
Contact Agent
Land Area
12,200 m² (*approx)
Floor Area
3951 m² (*approx)
Property Type
Retail, Other
Est. Income
$1,904,692 p/a
Show All
A Dominant Gold Coast, Neighbourhood Centre
  • Arterial exposure (59k+ vehicles daily)
  • Positioned 400m from the Smith ST MWY
  • A highly secure income profile

For Sale | A DOMINANT SUPERMARKET ANCHORED NEIGHBOURHOOD SHOPPING CENTRE

JLL and CBRE Retail Investments are proud to exclusively present for sale Crestwood Plaza , a dominant supermarket-anchored neighbourhood shopping centre strategically positioned in the heart of the Gold Coast's strongest growth corridor. Comprising approximately 3,951sqm of GLA and anchored by SPAR and supported by a range of non-discretionary retailers.

The key asset highlights are as follows:

SPAR / Crestwood Market Fresh supermarket anchor offering 1,597sqm of GLA, secured on a 20-year lease expiring 2040 with options extending through to 2050

Highly secure income profile with 98.1% occupancy, 7.73-year WALE by area and 70% of income derived from national tenants including BWS, Domino's, Pizza Hut, Body Fit Training, Burger Urge, Noodle Box and CycleBar

Embedded rental growth with all tenancies secured on CPI or minimum 3.0% annual rent reviews, with the majority benefiting from favourable net lease structures

Exceptional arterial exposure and access – prominent 1.22-hectare corner landholding with 340 metres of combined street frontage and direct northbound and southbound access to Olsen Avenue, carrying 57,000+ vehicles daily

Strategic central Gold Coast location positioned 400 metres from the Smith Street Motorway interchange, 600 metres from Griffith University and 1 kilometre from the Gold Coast Athletics Centre

Significant retail expenditure growth – main trade area retail expenditure projected to increase 85% from $445 million to $823 million by 2046, underpinned by 3.1% annual population growth

Strong fully leased net income of $1,904,692 per annum

Crestwood Plaza represents a rare opportunity to acquire a high-quality neighbourhood shopping centre combining secure income, exceptional arterial exposure and long-term growth potential within one of Australia's fastest-growing metropolitan markets.

A 100% freehold interest in Crestwood Plaza is offered for sale via Expressions of Interest closing 4:00pm (AEST) on Thursday 8 October 2026 .

Please contact the exclusive marketing agents to arrange inspections or to request access to the Electronic Data Room. All enquiries regarding the information provided herein or to request an inspection should be directed to the exclusive selling agents.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

458 Olsen Avenue Investment Summary

Property Type
Retail, Other
Est. Income
$1,904,692 p/a
Number Of Tenants
25
Wale
7.73 years
Land Area
12,200 m² (*approx)
Floor Area
3951 m² (*approx)
Selling Method
EOI
DATAROOM AVAILABLE
Gain Access
Selling Details
Contact Agent

Investment Highlights

A Dominant Gold Coast, Neighbourhood Centre
  • Arterial exposure (59k+ vehicles daily)
  • Positioned 400m from the Smith ST MWY
  • A highly secure income profile

For Sale | A DOMINANT SUPERMARKET ANCHORED NEIGHBOURHOOD SHOPPING CENTRE

JLL and CBRE Retail Investments are proud to exclusively present for sale Crestwood Plaza , a dominant supermarket-anchored neighbourhood shopping centre strategically positioned in the heart of the Gold Coast's strongest growth corridor. Comprising approximately 3,951sqm of GLA and anchored by SPAR and supported by a range of non-discretionary retailers.

The key asset highlights are as follows:

SPAR / Crestwood Market Fresh supermarket anchor offering 1,597sqm of GLA, secured on a 20-year lease expiring 2040 with options extending through to 2050

Highly secure income profile with 98.1% occupancy, 7.73-year WALE by area and 70% of income derived from national tenants including BWS, Domino's, Pizza Hut, Body Fit Training, Burger Urge, Noodle Box and CycleBar

Embedded rental growth with all tenancies secured on CPI or minimum 3.0% annual rent reviews, with the majority benefiting from favourable net lease structures

Exceptional arterial exposure and access – prominent 1.22-hectare corner landholding with 340 metres of combined street frontage and direct northbound and southbound access to Olsen Avenue, carrying 57,000+ vehicles daily

Strategic central Gold Coast location positioned 400 metres from the Smith Street Motorway interchange, 600 metres from Griffith University and 1 kilometre from the Gold Coast Athletics Centre

Significant retail expenditure growth – main trade area retail expenditure projected to increase 85% from $445 million to $823 million by 2046, underpinned by 3.1% annual population growth

Strong fully leased net income of $1,904,692 per annum

Crestwood Plaza represents a rare opportunity to acquire a high-quality neighbourhood shopping centre combining secure income, exceptional arterial exposure and long-term growth potential within one of Australia's fastest-growing metropolitan markets.

A 100% freehold interest in Crestwood Plaza is offered for sale via Expressions of Interest closing 4:00pm (AEST) on Thursday 8 October 2026 .

Please contact the exclusive marketing agents to arrange inspections or to request access to the Electronic Data Room. All enquiries regarding the information provided herein or to request an inspection should be directed to the exclusive selling agents.

Remember to mention you found this property on CommercialReady

Read More
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Tenanted Investment
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Property Location of Crestwood Plaza, 458 Olsen Avenue, Molendinar, QLD, 4214

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Molendinar Suburb Report About this data Demographic data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census and reflect conditions at the time of collection.

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