86 Poinciana Avenue Tewantin QLD 4565

CBRE are proud to present to market Poinciana Place Shopping Centre, an established 3,104 sqm* neighbourhood shopping centre in the heart of Tewantin, anchored by a strong performing Woolworths supermarket.

2,400sqm* high performing Woolworths supermarket currently exceeding turnover thresholds, paying percentage rent.
Fully leased tenant profile comprising of a Woolworths supermarket and further supported by 9 specialty tenants including medical, general retail and food and beverage based specialties.
Major & national retailers including Woolworths, BWS and Bombay Bliss representing 91% of tenanted GLA and 83% of total gross passing income.
Strategically positioned along the bustling Poinciana Avenue "High Street", only 7km* west of the world class commercial and tourism hub of Noosa Heads.
150 on-grade and basement car bays accessible via both front and rear streets.
6,207sqm* land rich, high street asset below the cost of replacement with limited threat of competition.
Full leased net income of $960,000 p.a.*

For sale via expressions of interest closing Thursday 15th June 2023 at 4:00pm (AEST).

For further information on this unique opportunity please contact the exclusive sales and marketing agents.