retail
ID 331028UpdatedSaleBurleigh Home + Life
197-207 Reedy Creek Road
Burleigh Waters, Queensland, 4220
Please contact us for price
- Size32,850 SQM
Jacob Swan
Senior Director, Retail Investments - Australia
Agent details
Sam Hatcher
Senior Director, Retail Investments - Australia
Agent details
Ned Mckendry
Agent details
- Description
- Building Information
- Location
- Agents
Description
FOR SALE | Burleigh Home + Life, Gold Coast QLD
JLL is pleased to offer For Sale Burleigh Home + Life, Queensland's newest Large Format Retail centre within the Gold Coast's most exclusive catchment.
• Long-term leases to proven retailers with over 85%* of NLA leased to national covenants
• Effective tenancy mix comprising of non-discretionary retail, medical services and food and beverage facilities
• Income security via strong 8.3-year WALE and fixed annual reviews of 2.00%-3.00%
• Fully Leased Net Operating Income of $3,389,843*
• Total 3.29ha* land holding within premier coastal destination
• Offering 384* on-grade car spaces and multiple access points
• Rare opportunity to control the Gold Coast’s most vibrant retail and lifestyle catchment
• Direct beneficiary from the Gold Coast’s 16% increase in YoY residential building approvals
• Prestigious postcode with a median house price of $1.35M vs Queensland’s median of $580,000*
• Adjoining the dominant Stockland Burleigh which drives centre visitation and overall MAT
• Benefits from the Gold Coast’s unprecedented tourism demand, seeing over 4.2* million visitors per annum
• Gold Coast is a true economic powerhouse – contributing over $38 billion* to Queensland’s GSP annually
*All figures and information is approximate and as at 30 June 2022
JLL is pleased to offer For Sale Burleigh Home + Life, Queensland's newest Large Format Retail centre within the Gold Coast's most exclusive catchment.
• Long-term leases to proven retailers with over 85%* of NLA leased to national covenants
• Effective tenancy mix comprising of non-discretionary retail, medical services and food and beverage facilities
• Income security via strong 8.3-year WALE and fixed annual reviews of 2.00%-3.00%
• Fully Leased Net Operating Income of $3,389,843*
• Total 3.29ha* land holding within premier coastal destination
• Offering 384* on-grade car spaces and multiple access points
• Rare opportunity to control the Gold Coast’s most vibrant retail and lifestyle catchment
• Direct beneficiary from the Gold Coast’s 16% increase in YoY residential building approvals
• Prestigious postcode with a median house price of $1.35M vs Queensland’s median of $580,000*
• Adjoining the dominant Stockland Burleigh which drives centre visitation and overall MAT
• Benefits from the Gold Coast’s unprecedented tourism demand, seeing over 4.2* million visitors per annum
• Gold Coast is a true economic powerhouse – contributing over $38 billion* to Queensland’s GSP annually
*All figures and information is approximate and as at 30 June 2022
Location
Agents
Jacob Swan
Senior Director, Retail Investments - Australia
Agent details
Sam Hatcher
Senior Director, Retail Investments - Australia
Agent details
Ned Mckendry
Agent details