PRIME METRO GOLD COAST NEIGHBOURHOOD CENTRE

Miami One, 1930 Gold Coast Highway, Miami, Queensland 4220

Retail / Retail / Retail For Sale

For Sale
Land Area: 7,829.00 m2.    Floor Area: 4,657.00 m2.    

Car Spaces: 205   

Miami One

Description

Colliers International together with our co-agent JLL are delighted to offer for sale Miami One Shopping Centre located in a prime position on the Coles Coast highway in the Central Gold Coast.

The island site is boarded by the Gold Coast Highway, Toombul Avenue, Sunshine Paradise and Nundah Avenue,

Dominating its catchment, Miami One comprises a strong performing Coles Supermarket of 2,248 square meters plus a complimentary mix of specialty retailers over its single retail level.

Coles lease is for a term of 10 years plus 2 additional option terms of 10 years.

The fully leased specialist component of the centre includes, Liquorland, Zarraffas Coffee, Sushi Train, Chempro Chemist, Pizza Capers, Noodle Box, Pet Warehouse, Lotto Express, Australia Post and Raine & Horne.

- Prime 4,657sqm* Neighbourhood Centre comprising a Coles supermarket; 29 specialties, 6 kiosks, 3 street food tenancies and 2 ATM's
- Exceptional Supermarket performance - one of the highest $/sqm in South East Queensland
- Outstanding location on the Gold Coast Highway with more than 40,000* vehicles passing the site daily. MTA retail spend expected to grow by 4.1% annually to $589.2 million in 2031^
- Future completion constrained by high barriers of entry for large land holdings suitable for retail development
- Fully Leased net income of $2,224,040* as at 30 June 2018

EXPRESSIONS OF INTEREST CLOSE
THURSDAY, 5 JULY 2018 AT 4.00PM (AEST).

*Approximately
^Source: Location IQ

Features

  • One of the highest $/sqm in SE QLD
  • Fully Leased net income of $2,224,040*
  • Prime 4,657sqm* Neighbourhood Centre

Specifications

Council Gold Coast
Car Parking Details 205
Anchor Tenants Coles
Retail Building Grade Prime

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