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  • Sold
Brand New Freestanding Coles Supermarket Investment - #1
Brand New Freestanding Coles Supermarket Investment - #2
Brand New Freestanding Coles Supermarket Investment - #3
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Brand New Freestanding Coles Supermarket Investment - #5
Brand New Freestanding Coles Supermarket Investment - #6

For Sale

Expressions of Interest closing 28th Sep 2022 Toowoomba

Coles Toowoomba

Colliers is excited to exclusively present Coles Toowoomba for sale via an International Expressions of Interest (EOI) campaign closing 2.00pm (AEST) on Wednesday 28 September 2022.

This premium essential services investment is secured by Coles class leading 10 year net lease, which includes turnover rental payable for online sales. The supermarket investment is strategically located in one of Queensland’s fastest evolving growth corridors, only 3km west of Toowoomba CBD. Toowoomba is the second-most-populous inland city in Australia and the commercial hub of the famous Darling Downs. Coles Toowoomba has a large main trade area (MTA) consisting of 27,061 persons. The population is forecasted to grow to 36,561 persons by 2041 at a rate of 1.6% per annum, 33% higher than the Australian average.

The Centre is anchored by a full line 3,664sqm Coles and Liquorland, and supported by a coffee shop. Since opening in July 2020, Coles Toowoomba has recorded strong sales given its convenient design which includes ‘on grade’ parking for 187 vehicles.

Key Investment Highlights:
· Class Leading 10 Year Net Lease Plus Options to 2073
· Long WALE of 9.81 Years by GLA
· 97% GLA Secured by Coles
· 100% Fully Leased Essential Services Investments
· Largest Supermarket in the Main Trade Area
· Exceptional MAT Growth Potential Forecast 4.5% per annum

* All figures referenced herein are approximate only. Property outline indicative only.

For further information please contact Colliers exclusive sales agents James Wilson, Stewart Gilchrist and Dan Dwan.
  • 13/02/2023
  • Contact our experts for details on this transaction