• Sold
Yield Play With Major Upside Potential
Yield Play With Major Upside Potential
Yield Play With Major Upside Potential
Yield Play With Major Upside Potential
Yield Play With Major Upside Potential
Yield Play With Major Upside Potential
Yield Play With Major Upside Potential
Yield Play With Major Upside Potential
Yield Play With Major Upside Potential
Yield Play With Major Upside Potential
Yield Play With Major Upside Potential

For Sale

Colliers International are excited to present an opportunity to acquire River Heads Shopping Village, a strong performing neighbourhood shopping centre anchored by IGA supermarket and Kingfisher Bay Resort. The centre also contains 6 other speciality retail tenancies, 1 car parking agreement and 1.54ha* of DA approved subdividable waterfront land suited to 9 duplex dwellings and 2 shops.

River Heads Shopping Village is a convenience based necessity to the local community and tourism industry as it services the large volumes of holidaymakers departing Queensland's Mainland bound for Fraser Island and Kingfisher Bay Resort.

The Centre provides 686sqm* of net lettable area between the 8 ground level tenancies, 41* public car parks and 50* exclusive and secured car parks for the Kingfisher Bay Resort.

Investment Highlights:

• Established Neighbourhood Shopping Centre
• $178,411* p.a. Net Income (Fully Leased)
• 1.54ha* of DA Approved Land (9 Duplex Dwellings)
• Located 12km* South of Hervey Bay Airport
• Located 290km* North of Brisbane CBD

If you would like a copy of the Information Memorandum or have any questions, please contact the exclusive marketing agents Ryan Chandler and Stewart Gilchrist.

*all areas, distances and figures are approximate
**outlines are indicative only

Property Details

  • 16/10/2019
  • Contact our experts for details on this transaction