Repco Max Capalaba 72-74 Redland Bay, Capalaba, QLD, 4157

Colliers Retail Middle Markets and Stonebridge Property Group are excited to announce the sale of Repco Max Capalaba, a recently refurbished, freestanding Large Format Retail (LFR) showroom boasting significant exposure in Capalaba’s tightly held retail and industrial precinct, just 20 kilometres south-east of Brisbane CBD.

Repco Max Capalaba is a 1,924m² LFR showroom, secured by a brand new 9.5-year lease to Repco, a nationally recognised market leader in the automative parts sector, backed by a corporate guarantee from parent company GPC Asia Pacific. Repco features a highly sought after net lease structure with fixed annual rental reviews, providing income security and guaranteed rental growth.

The Centre benefits from a strategic position in Capalaba, with exposure to over 69,000¹ vehicles daily along key arterial Redland Bay Road and Moreton Bay Road. The precinct is currently undergoing a $250 million revitalisation project², which is anticipated to drive further demand for retail and enhance the popularity and desirability of Capalaba.

- Leased to Repco, a subsidiary of Genuine Parts Company (NYSE: GPC), a global automotive leader.

- Net lease with 100% of outgoings recoverable, including land tax.

- Fixed annual rental increases of 3.25%.

- 9.5-year WALE under a brand-new lease agreement.

- Prominent frontage to Redland Bay Road and Moreton Bay -Road, with exposure to over 69,000 vehicles daily¹.

Redland City’s population is projected to reach 211,500 by 2046².

¹AADT Segment Report

²idcommunity

*approx.

For further information, please contact:

Harry Dever | [email protected] | +61 421 170 033

Tim McIntosh | [email protected] | +61 488 320 063

Rorey James | [email protected] | +61 439 400 081

Kevin Tong 汤聪瑜 | [email protected] |+61 422 848 818

Tom Moreland | [email protected] | +61 408 072 822

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