Richlands Home & Life 215 Government Road &, Richlands, QLD, 4077

Colliers are pleased to exclusively present Richlands Home & Life, a newly completed Large Format Retail and Convenience Centre located within a key Brisbane growth corridor, approximately 21km south-west of the CBD.

The centre comprises 5,594sqm of GLA on a 19,637sqm landholding, secured by blue chip national tenants including Supercheap Auto, Petbarn, Autobarn, Caltex and Banjo’s Bakery, together with seven national or chain showroom retailers.

KEY INVESTMENT HIGHLIGHTS:

• SECURED BY NATIONAL TENANTS: 100%* of GLA and income secured by national and chain tenants

• FAVOURABLE LEASE STRUCTURES: 95%* of GLA underpinned by net lease structures, minimising landlord exposure to outgoings.

• SECURE INCOME STREAM (WALE): Long WALE of 8.54* years by income.

• GUARANTEED RENTAL GROWTH: 100% of income subject to annual reviews, ranging from CPI to fixed 3.0%–3.5% increases per annum

• EXCELLENT DEPRECIATION BENEFITS: Recently completed across Stage 1 (Q3 2024*) and Stage 2 (Q2 2025*).

• HIGH-EXPOSURE LOCATION: Prominent corner position with exposure to 30,000*¹+ vehicles per day along Government Road and Garden Road.

• STRONG CONNECTIVITY: Located within 250m of Richlands Train Station and 21km* south-west of Brisbane CBD.

• STRATEGIC SELL-DOWN FLEXIBILITY: Separate titles for the LFR (5,141sqm) and Convenience Centre (453sqm) provide future divestment optionality.

• FORECAST POPULATION GROWTH: Trade area population forecast to reach 36,489 by 2041², equating to 3.08% annual growth.

• STRONG HOUSEHOLD SPENDING: Household goods expenditure of $3,199³ per capita, supporting long-term demand for LFR tenants.

Expressions of Interest closing 2.00pm (AEST) on Thursday, 18 June 2026.

For further information, please contact the exclusive Colliers agents:

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

James Wilson | [email protected] | +61 402 079 304

*approx.

¹AADT Segment Report

²Mecone Mosaic

³Gap Maps – 10-Minute Drive Time

Remember to mention you found this property on CommercialReady