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Woolworths Coomera East Shopping Centre 328 Foxwell Road, Coomera, QLD, 4209

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Woolworths Coomera East Shopping Centre 328 Foxwell Road, Coomera, QLD, 4209

Coomera

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Woolworths Coomera East Shopping Centre 328 Foxwell Road, Coomera, QLD, 4209

Coomera

SOLD
Woolworths Coomera East Shopping Centre 328 Foxwell Road, Coomera, QLD, 4209

Woolworths Coomera East Shopping Centre 328 Foxwell Road, Coomera, QLD, 4209

Properties / Sold / Queensland / Coomera
Tenanted Investment
Click to view all listings in the Portfolio
Selling Method
EOI
Selling Details
Closing 2.00pm (AEST) on Wednesday, 17 July 2024.
Property Type
Retail
Sub-type
Shopping Centre, Mixed Use
Terms
15 years to lease with options to 2076
Fully Leased
Woolworths
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100% Fully Leased Woolworths Neighbourhood Centre Featuring Development Pad Site
  • 15-Year Lease to Woolworths
  • 100% Fully Leased
  • Includes DA Approved Pad Site

Colliers are excited to offer for sale Woolworths Coomera East Shopping Centre, a high performing Woolworths anchored Neighbourhood Shopping Centre strategically located in the booming Northern Gold Coast Growth Corridor, 28km north from Surfers Paradise and 56km south of Brisbane Central Business District.

The 3,869m² (GLA) Neighbourhood Shopping Centre is anchored by a full line Woolworths & BWS, and supported by seven other specialty tenants including TerryWhite Chemmart. The Centres performance is underpinned by the catchment’s current population growth, which is forecast to grow at almost two times the South East Queensland benchmark.

A development approval exists on the Southern boundary of the site for a 6-level building comprising of approximately 2100m² of retail/commercial accommodation and 51 residential apartments.

  • 15 years to Woolworths lease with options to 2076
  • Woolworths secures 83% of GLA
  • WALE of 10.2 years (By area) and 8.7 (By income)
  • Specialty tenants feature 4% or CPI p.a. rental reviews
  • 93% of Centre GLA secured by National retailers
  • Includes a DA for 6 level Retail/ Commercial and Residential building.

Expressions of Interest closing 2.00pm (AEST) on Wednesday, 17 July 2024.

*All figures are approximate only

Remember to mention you found this property on CommercialReady

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Tenanted Investment
Tenanted Investment

Investment Summary

Property Type
Retail
Sub-type
Shopping Centre, Mixed Use
Tenant
Woolworths
Terms
15 years to lease with options to 2076
Selling Method
EOI
EOI Closing Date
17 Jul 2024 02:00PM
Selling Details
Closing 2.00pm (AEST) on Wednesday, 17 July 2024.

Investment Highlights

100% Fully Leased Woolworths Neighbourhood Centre Featuring Development Pad Site
  • 15-Year Lease to Woolworths
  • 100% Fully Leased
  • Includes DA Approved Pad Site

Colliers are excited to offer for sale Woolworths Coomera East Shopping Centre, a high performing Woolworths anchored Neighbourhood Shopping Centre strategically located in the booming Northern Gold Coast Growth Corridor, 28km north from Surfers Paradise and 56km south of Brisbane Central Business District.

The 3,869m² (GLA) Neighbourhood Shopping Centre is anchored by a full line Woolworths & BWS, and supported by seven other specialty tenants including TerryWhite Chemmart. The Centres performance is underpinned by the catchment’s current population growth, which is forecast to grow at almost two times the South East Queensland benchmark.

A development approval exists on the Southern boundary of the site for a 6-level building comprising of approximately 2100m² of retail/commercial accommodation and 51 residential apartments.

  • 15 years to Woolworths lease with options to 2076
  • Woolworths secures 83% of GLA
  • WALE of 10.2 years (By area) and 8.7 (By income)
  • Specialty tenants feature 4% or CPI p.a. rental reviews
  • 93% of Centre GLA secured by National retailers
  • Includes a DA for 6 level Retail/ Commercial and Residential building.

Expressions of Interest closing 2.00pm (AEST) on Wednesday, 17 July 2024.

*All figures are approximate only

Remember to mention you found this property on CommercialReady

Read More

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Woolworths Coomera East Shopping Centre 328 Foxwell Road, Coomera, QLD, 4209

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Property Location of Woolworths Coomera East Shopping Centre 328 Foxwell Road, Coomera, QLD, 4209

Property Map
Woolworths Coomera East Shopping Centre 328 Foxwell Road, Coomera, QLD, 4209 Coomera
Colliers - Brisbane CBD
Colliers - Brisbane CBD
Level 5, 1 Eagle Street, Brisbane QLD 4000
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Colliers - Sydney CBD
Colliers - Sydney CBD
Level 30, Grosvenor Place, 225 George Street Sydney NSW 2000
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