RWC Retail are proud to present Coomera Waters Marketplace for sale via Expressions of Interest closing Wednesday 4th October at 4pm (AEST).
|WHAT|
• Coomera Waters Marketplace ("The Marketplace") is a mixed-use retail and commercial offering situated across 3 standalone buildings in the Town Centre of Coomera Waters
• Fully leased to a diverse mix of longstanding tenants, including an IGA Supermarket on a 10-year, $140/sqm* gross lease
• Supported by a pharmacy and medical centre together with popular food & beverage tenants, including the newest of 17 "Enzo's Cucina" Italian Restaurants across NSW & QLD
• Further complemented by an established mix of national and local office tenants with some operating at the Marketplace for over a decade.
• Offering 2,237sqm* of building area across three, two-level freestanding buildings
• Fully Leased Net Income of $489,907 + GST p.a.
|WHERE|
• Situated in Coomera - part of the booming residential and commercial growth corridor between Brisbane (50km*) and the Gold Coast (18km*)
• With a strong existing population of over 22,000, Coomera is projected to grow significantly by over 380% to more than 75,000 residents by 2041.
• An amenity-rich suburb with 5 schools, TAFE campus, Westfield, Train line, Dreamworld & White Water World Theme Parks and slated for a future $1.3 billion public hospital
• The Coomera Waters development is regarded as the premium estate within Coomera, with a per capita income 25% greater than the QLD median and house prices of over $2 million.
|WHY|
• Current below market rents across multiple tenancies providing strong rental reversion upside
• Unrivalled chance to acquire the commercial town centre in a luxury marina development
• Defensive tenancy mix with strong rental upside, underpinned by national brands and popular local tenants
• The only retail and commercial offering in Coomera Waters, dominating an exclusive and affluent catchment with the highest purchasing power in Coomera.
