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1-3 College Street
North Lakes QLD 4509
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Sold on 1 Sep 2023

1-3 College Street North Lakes QLD 4509

  • Shop & Retail
  • 907 m²
  • Sold

Prime Convenience Retail Centre | National Brands Include NightOwl, Domino's + BWS

    Burgess Rawson is pleased to offer to the market 1-3 College Street, North Lakes QLD for sale via Expressions of Interest Campaign as part of our Investment Portfolio 162.

    The property has the following investment highlights:
    + Diverse tenancy mix featuring medical and national retail tenants Night Owl, Domino's, BWS, Best Life Medical and North Lakes Dental Centre
    + Guaranteed high-growth income stream with attractive CPI, fixed 4%, 3.5%, and 3% annual rent reviews
    + Prime retail centre positioned on an expansive 4,517sqm* corner freehold site with a 76m* frontage to Discovery Drive
    + Directly linking to Anzac Avenue capturing 46,000* vehicles passing daily^
    + Easy access and convenient parking for 61* vehicles via the on-grade car parks
    + Zoned *Special Development* under the Mango Hill Infrastructure Development Control Plan (DCP)^^
    + Value add opportunity with DA approval for a drive-thru pad site at the entrance of the property
    + Strategic location adjacent to The Lakes College with 900+ enrolments and 3km* from Westfield North Lakes - a major retail hub anchored by ALDI, IKEA, Woolworths, Dan Murphy's and more than 233 speciality stores^
    + Located 33km* north of Brisbane CBD in the booming Moreton Bay growth corridor of North Lakes, with population forecast to jump by 45% by 2041^^
    + Net Income: $517,302 pa* + GST

    For sale via Expressions of Interest
    Closing 4:00pm AEST Thursday 10 August 2023

    Please contact the exclusively appointed Burgess Rawson team for further information.

    *Approx.
    ^GapMaps
    ^^Moreton Bay Regional Council

    Burgess Rawson Queensland
    Burgess Rawson Queensland
    Level 13, 241 Adelaide Street
    Brisbane City, QLD 4000

    Property Highlights

    Date Sold1 Sep 2023
    Floor Area907 m²
    Land Area4,517 m²
    ParkingAsk Agent
    Property ID2018637672
    Category
    Last updated  9 Oct 2023
    Map for 1-3 College Street North Lakes QLD 4509
    Burgess Rawson Queensland
    Burgess Rawson Queensland
    Level 13, 241 Adelaide Street
    Brisbane City, QLD 4000

    Property Highlights

    Date Sold1 Sep 2023
    Floor Area907 m²
    Land Area4,517 m²
    ParkingAsk Agent
    Property ID2018637672
    Category
    Last updated  9 Oct 2023

    Co-Agents

    Andrew Havig
    Burgess Rawson Queensland
    Call
    0478 010 990
    Craig Chapman
    Burgess Rawson Queensland
    Call
    0427 110 132
    Josh Scapolan
    Josh Scapolan
    Burgess Rawson Queensland
    Call
    0484 229 829

    More about 1-3 College Street North Lakes QLD 4509

    1-3 College Street North Lakes QLD 4509 is categorized as Shop & Retail Property. It has a floor area of 907 m² and a land area of 4,517 m². The listing ID for this property is 2018637672.

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