Colliers Retail Middle Markets and JLL, are excited to announce the sale of Morayfield Village, a Large Format Retail (LFR) Centre, strategically located in Brisbane’s rapidly expanding Northern Growth Corridor, 46 kilometres north of Brisbane CBD and 61 kilometres south of the Sunshine Coast.
Morayfield Village occupies a high-profile corner position within one of Brisbane’s busiest retail precincts, directly adjoining the strong-performing Morayfiled Shopping Centre. The Centre benefits from exceptional exposure to 31,000+ vehicles daily¹, with more than 165m of prime frontage along major arterial Morayfield Road.
The Centre features a strong tenancy mix comprising LFR and Convenience retailers, anchored by reputable national tenants Repco (NYSE: GPC), Choice The Discount Store, Mr Toys and supported by eight (8) complimentary retailers. Having undergone extensive refurbishments in 2021, the Centre now boasts a total lettable area of 6,916m² on a substantial 17,020m² landholding, and is serviced by a convenient on-grade car park providing 269 spaces.
• Situated in one of Brisbane’s busiest retail precincts
• 89% of income secured by national tenants, with key anchor tenant Repco (GPC:NYSE), a Fortune 500 company
• 100% of leases incorporating either CPI-linked or fixed annual rental increases
• Premium investment with 96% occupancy
• Refurbished in 2021, offering investors immediate depreciation benefits
• Substantial 1.7ha* landholding featuring 269 on-grade car parks
• Exposure to over 31,0001+ vehicles daily along arterial Morayfield Road
• Located in major growth corridor, with the City of Moreton Bay projected to gain an additional 308,500 residents by 2046²
¹Transport and Main Roads QLD
²City of Moreton Bay
*approx.
Remember to mention you found this property on CommercialReady
Colliers Retail Middle Markets and JLL, are excited to announce the sale of Morayfield Village, a Large Format Retail (LFR) Centre, strategically located in Brisbane’s rapidly expanding Northern Growth Corridor, 46 kilometres north of Brisbane CBD and 61 kilometres south of the Sunshine Coast.
Morayfield Village occupies a high-profile corner position within one of Brisbane’s busiest retail precincts, directly adjoining the strong-performing Morayfiled Shopping Centre. The Centre benefits from exceptional exposure to 31,000+ vehicles daily¹, with more than 165m of prime frontage along major arterial Morayfield Road.
The Centre features a strong tenancy mix comprising LFR and Convenience retailers, anchored by reputable national tenants Repco (NYSE: GPC), Choice The Discount Store, Mr Toys and supported by eight (8) complimentary retailers. Having undergone extensive refurbishments in 2021, the Centre now boasts a total lettable area of 6,916m² on a substantial 17,020m² landholding, and is serviced by a convenient on-grade car park providing 269 spaces.
• Situated in one of Brisbane’s busiest retail precincts
• 89% of income secured by national tenants, with key anchor tenant Repco (GPC:NYSE), a Fortune 500 company
• 100% of leases incorporating either CPI-linked or fixed annual rental increases
• Premium investment with 96% occupancy
• Refurbished in 2021, offering investors immediate depreciation benefits
• Substantial 1.7ha* landholding featuring 269 on-grade car parks
• Exposure to over 31,0001+ vehicles daily along arterial Morayfield Road
• Located in major growth corridor, with the City of Moreton Bay projected to gain an additional 308,500 residents by 2046²
¹Transport and Main Roads QLD
²City of Moreton Bay
*approx.
Remember to mention you found this property on CommercialReady
Morayfield Village 177 - 189 Morayfield Road, Morayfield, QLD, 4506
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