Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY N/A

Attributes

Year Built 2000
Building Area Gross
Call for Offers 2022-05-10

Asset Description

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.

Investment Highlights

  • 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

Last Updated Date: 09 Mar 2022

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Last Updated Date: 09 Mar 2022

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