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130-142 River Hills Road
Eagleby QLD 4207
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130-142 River Hills Road Eagleby QLD 4207

  • Shop & Retail
  • 6,482 m²
  • For Sale, $23,000,000

NEIGHBOURHOOD SHOPPING CENTRE WITH HUGE DEVELOPMENT POTENTIAL

  • Net yield 6%
  • Huge Development Upside
  • 3.14-hectare* total land area

Discover Eagleby Shopping Plaza, a thriving neighbourhood shopping destination nestled in the charming suburb of Eagleby, just 30 kilometres south of the bustling Brisbane City and approx. 40 kilometres northwest of the beautiful Gold Coast. Situated within the dynamic City of Logan, one of Australia's largest and fastest-growing cities, this plaza stands as a beacon of convenience and opportunity.

Eagleby Shopping Plaza boasts a diverse array of anchor tenants, including the renowned Fresh & Save supermarket (Owned by IGA Australia), Australia Post, the popular Liquor Legends bottleshop, Chempro pharmacy, Price Busters Discount Variety and Free Choice, alongside a delightful assortment of specialty shops.

Key Features:
- Offering a net leasable area (NLA) of 6,481.3 square meters* and an additional licensed car park area spanning 3,500 square meters*
- A thriving neighbourhood shopping centre with a strong track record
- Positioned in Eagleby, situated within the City of Logan, one of Australia's most expansive and rapidly developing urban areas
- An impressive 3.14-hectare* corner parcel of land with extensive frontage along two streets
- Currently anchored by 5 mini-majors and supported by 23 specialty stores
- Generating a net income of $1,396,485.17* annually, plus GST
- Conveniently equipped with 525 car parking spaces
- Maintaining a low vacancy rate of just 6.19%, equivalent to 618 square meters*
- Potential for additional income through one or more Drive-Thru (STCA) and adding another major anchor tenant.
- Fresh & Save supermarket has invested approximately $2 million* in expansion and interior improvements, with 7 locations throughout South- East Queensland. Providing exceptional value produce and high-quality point of difference.
- Will be sold under the current replacement cost
- Located near the construction of the second M1 (Coomera Connector M2)
- Please contact Knight Frank to obtain the information memorandum and for access to the data room.

To arrange an inspection please contact Simon Robertson or Michael Palmer

Disclaimer: Knight Frank Gold Coast has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by City Commercial Gold Coast Pty Ltd T/A Knight Frank Gold Coast toward the recipient with regard to the use of this information and all information given is given without responsibility.

Knight Frank Gold Coast
Knight Frank Gold Coast
Level 7/64 Ferny Ave
Surfers Paradise, QLD 4217

Property Highlights

Floor Area6,482 m²
Land Area3.14 ha
Parking525 x Onsite parkings
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2019311776
Category
Last updated  8 Oct 2024
Map for 130-142 River Hills Road Eagleby QLD 4207
Knight Frank Gold Coast
Knight Frank Gold Coast
Level 7/64 Ferny Ave
Surfers Paradise, QLD 4217

Property Highlights

Floor Area6,482 m²
Land Area3.14 ha
Parking525 x Onsite parkings
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2019311776
Category
Last updated  8 Oct 2024

Co-Agents

Simon Robertson
Knight Frank Gold Coast
Call
0449 951 772
Michael Palmer
Michael Palmer
Knight Frank Gold Coast
Call
0438 721 626

More about 130-142 River Hills Road Eagleby QLD 4207

130-142 River Hills Road Eagleby QLD 4207 is categorized as Shop & Retail Property. It has a floor area of 6,482 m² and a land area of 3.14 ha. There are 525 x onsite parkings.The listing ID for this property is 2019311776.

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