STRONG PERFORMING COLES ANCHORED BRISBANE NEIGHBOURHOOD SHOPPING CENTRE WITH REDEVELOPMENT POTENTIAL (STCA)

17-27 Cinderella Drive, Springwood, Queensland 4127

Retail For Sale

For Sale
Land Area: 34,170.00 m2.    Floor Area: 11,259.00 m2.    

Arndale Shopping Centre (QLD)

Description

Arndale Shopping Centre is a fully enclosed strong performing neighbourhood centre, anchored by Coles supermarket. Situated on a significant 3.4-hectare site, fronting the busy M1 Freeway 20 kilometres south of the Brisbane CBD. The property has the potential to be remixed and modernised and with its "Centre Core" zoning has the ability to be redeveloped into a higher density / high rise complex in the future (STCA)

Major tenants include Coles, The Reject Shop, Heritage Bank, Bank of Queensland, Liquorland, OPSM, Arndale Pharmacy, Aussie Home Loans, Springwood Medical Centre, Arndale News, Springwood News, Variety 1 Discount Store and Rivers.

For sale by Expressions of Interest closing Thursday, 14 June 2018 at 2.00pm AEST.

* Approx

Features

  • Estimated Fully Leased NOI $2.6m*
  • GLA 11,322sqm*
  • 597 Car Spaces Including Deck
  • Strategic 3.417 ha Site
  • Strong Performing Coles

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