6-24 Gates Road, Flagstone, QLD, 4280

CBRE is pleased to present to market Flagstone Village, a near new Coles anchored retail investment opportunity strategically positioned in the heart of the emerging Flagstone City Centre, with a forecasted 8.6%* p.a. MTA population growth.

- 4,604sqm* Coles anchored neighbourhood shopping centre secured via a long 7.7 Year* WALE (by income).

- New 10-year lease to a 3,616sqm* full-line Coles Supermarket, occupying 70%* of income and 79%* of the GLA, representing the largest full-line supermarket in the MTA.

- Located 38km* south of the Brisbane CBD and 7km* west of Jimboomba, within the identified Flagstone Priority Development Area (PDA).

- The Flagstone PDA is Queensland's second largest residential growth corridor and has been identified for an additional 50,000 new dwellings to accommodate 120,000 persons^.

- The MTA population is projected to increase at an average growth rate of 8.6%* p.a, over 4 times the Australian average^

- MTA retail spending is forecast to increase to $1.5 billion by 2041, representing an average growth rate of 11.3% p.a.^

- At-grade car parking for 245 vehicles including 2 electric charging bays and a Coles click and collect loading area.

- Fully leased net income: $1,607,000 per annum* (As at 1 November 2023)
 

For Sale by Expressions of Interest closing Thursday 16th November 2023 at 4:00pm (AEST).
 

*Approximate. ^ Location IQ Report

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