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1455 Brisbane Valley Highway, Fernvale, QLD, 4306

Properties / Buy / Queensland / Fernvale

Tenanted Investment

1. Property Summary

Selling Method

Private Sale

Selling Details

Contact Agent

Land Area

2.93 hectares (*approx)

Floor Area

5825 m² (*approx)

Property Type

Retail

Sub-type

Mixed Use

Est. Income

$1,980,000 p/a

Fully Leased

Anchored by Woolworth’s Supermarket

Car Spaces

221

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2. Property Highlights

Fernvale Village - High performing Woolworths anchored neighbourhood shopping centre with immediate value add

Woolworths paying turnover rent
Adjoining 1.1ha of DA approved land
64% population growth by 2041

CBRE is pleased to present to market Fernvale Village.

- 5,825sqm* neighbourhood shopping centre anchored by a high performing 3,552sqm* Woolworth’s Supermarket, paying turnover rent, occupying 60% of the Centre’s GLA on a rare 25 year lease plus options.

- Diverse mix of high-profile national retailers including The Reject Shop, Priceline Pharmacy, Cellarbrations, Subway and Domino’s Pizza with an accompanying medical centre and Sullivan Nicolaides Pathology.

- Long term income security via a 6.6 year WALE (by income), coupled with high annual speciality growth up to 4.5% per annum.

- Immediate value-add with an adjoining 1.15ha* DA approved site accommodating a centre expansion of 3,285sqm* GLA to accommodate the demand from the trade area.

- Located in a strategic growth corridor 36km* West of Brisbane in one of Queensland’s fastest growing regions with extensive surrounding residential development of over 2,500 lots and projected population growth of 64% by 2041.

- Fully leased net income $1,979,000 per annum + GST*

For Sale by way Expressions of Interest closing Thursday 5th September 2024 at 4pm (AEST).

For further information on this opportunity, please reach out to sales and marketing agents.

Remember to mention you found this property on CommercialReady

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