Terranora Village Shopping Centre, prominently located on a corner block in the Southern Gold Coast suburb of Terranora, is being offered for sale by Public Tender, closing at 4pm on the 28^th of July.

Damian Hall, Senior Executive Investment Sales from Colliers International, is handling the sale.

Mr Hall said the Centre, which is in as new condition having been completed in early 2009, presents as an amazing opportunity for the savvy retail investor.

"Terranora Village enjoys the enviable position of being the only retail offering within the Terranora and Bilambil Heights region," he said.

 

Located on a prominent 1.94ha site, opposite Terranora Primary School, the Centre is 50 per cent leased, and is anchored by a number of high quality tenants including a BP Service Station, a Tavern, Childcare Centre, Medical Centre and Spar Supermarket.

Mr Hall said there is room to expand the existing Supermarket and also the Centre, with an additional 1000sq m of land available on the site," he said.

"With its existing mix of quality tenants providing an ideal foundation, the new owner has plenty of scope to complete the leasing with complementary retail and service tenants," he said.

 

-ENDS -

For further information please contact:

Susan Epp
Communications Manager l Queensland
Tel: +61 7 3026 3322
Mob: +61 434 573 026  
Email: susan.epp@colliers.com 

Damian Hall
Senior Executive l Investment Sales
Tel: +61 7 5588 0241
Mob: +61 422 637 796  
Email: damian.hall@colliers.com