Colliers and Stonebridge are pleased to exclusively present for sale, NorthWest Plaza, a Woolworths anchored neighbourhood shopping centre strategically positioned within Everton Park, a high growth and affluent suburb, located less than 10km northwest of Brisbane CBD and 15km west of Brisbane Airport.
Anchored by a full-line Woolworths supermarket and supported by a complementary mix of national, chain and daily-needs retailers, NorthWest Plaza provides a highly defensive income profile underpinned by 98% occupancy and a 5.7-year WALE by income. The centre occupies a substantial 3.1ha* freehold landholding with only 32% site coverage, providing significant flexibility for future expansion and mixed-use development outcomes (STCA).
Key Investment Highlights
• Anchored by a full-line Woolworths Supermarket that recently underwent a ~$1.2 million store upgrade
• 98% occupancy and strong WALE of 5.7 years by income providing a secured cash flow
• Built in rental growth with all specialty and mini-major tenants are subject to annual fixed rental reviews of 3% to 4%
• ASX-listed, national or chain tenants account for 78% of income and 86% of GLA
• Average specialty rents sit ~28% below Urbis benchmark levels, offering rental reversion potential
• Strategically located less than 10km from Brisbane CBD in the heart of Everton Parks health and medical precinct
• Affluent catchment with household income 18.8% above the Greater Brisbane benchmark
• Significant 3.086ha landholding with a low site coverage ratio of 32%
• Existing mixed-use concept plans accommodating 62 apartments, highlighting long-term development potential (STCA).
• Adjoins the preserved North West Transport Corridor, currently classified as planning in progress for a future multimodal route.
Expressions of Interest closing 4.00pm (AEST) on Wednesday, 11 November 2026.
*Approximate.
For further information please contact the below agents:
Harry Dever | +61 421 170 033 | [email protected]
Tim McIntosh | +61 488 320 063 | [email protected]
James Wilson | +61 402 079 304 | [email protected]
Justin Dowers | +61 438 098 805 | [email protected]
Sam Linden | +61 451 464 924 | [email protected]
Carl Molony | +61 439 032 028 | [email protected]
Remember to mention you found this property on CommercialReady
Colliers and Stonebridge are pleased to exclusively present for sale, NorthWest Plaza, a Woolworths anchored neighbourhood shopping centre strategically positioned within Everton Park, a high growth and affluent suburb, located less than 10km northwest of Brisbane CBD and 15km west of Brisbane Airport.
Anchored by a full-line Woolworths supermarket and supported by a complementary mix of national, chain and daily-needs retailers, NorthWest Plaza provides a highly defensive income profile underpinned by 98% occupancy and a 5.7-year WALE by income. The centre occupies a substantial 3.1ha* freehold landholding with only 32% site coverage, providing significant flexibility for future expansion and mixed-use development outcomes (STCA).
Key Investment Highlights
• Anchored by a full-line Woolworths Supermarket that recently underwent a ~$1.2 million store upgrade
• 98% occupancy and strong WALE of 5.7 years by income providing a secured cash flow
• Built in rental growth with all specialty and mini-major tenants are subject to annual fixed rental reviews of 3% to 4%
• ASX-listed, national or chain tenants account for 78% of income and 86% of GLA
• Average specialty rents sit ~28% below Urbis benchmark levels, offering rental reversion potential
• Strategically located less than 10km from Brisbane CBD in the heart of Everton Parks health and medical precinct
• Affluent catchment with household income 18.8% above the Greater Brisbane benchmark
• Significant 3.086ha landholding with a low site coverage ratio of 32%
• Existing mixed-use concept plans accommodating 62 apartments, highlighting long-term development potential (STCA).
• Adjoins the preserved North West Transport Corridor, currently classified as planning in progress for a future multimodal route.
Expressions of Interest closing 4.00pm (AEST) on Wednesday, 11 November 2026.
*Approximate.
For further information please contact the below agents:
Harry Dever | +61 421 170 033 | [email protected]
Tim McIntosh | +61 488 320 063 | [email protected]
James Wilson | +61 402 079 304 | [email protected]
Justin Dowers | +61 438 098 805 | [email protected]
Sam Linden | +61 451 464 924 | [email protected]
Carl Molony | +61 439 032 028 | [email protected]
Remember to mention you found this property on CommercialReady
NorthWest Plaza, 97 Flockton Street, Everton Park QLD 4053
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