Descripción del activo
JLL and Ian Hooley are pleased to present for sale, The Smithfield HUB a rare 7.54ha vacant development site, positioned within one of Cairns most highly sought-after growth corridors.
The site is positioned with udal road exposure to the Captain Cooky Highway and the Smithfield Bypass, generating exposure to over 33,500* vehicles daily.
For Sale via Expressions of Interest closing Thursday the 4th May 2023 at 4pm AEST.
Atributos
Medios
Aspectos destacados de la inversión
The Smithfield HUB possesses ‘limitless’ development potential
Irreplaceable Development Potential
- The landholding is primed for future development, offering favourable Mixed-use zoning which provides for a variety of uses and activities.
- The asset resides on a 7.54* hectare site, surrounded by 3,200* residential dwellings within the Main Trade Area.
Current Development Plans
- The current proposed development plans include 15,000+ square metres of GLA for the following uses:
- Comprising a full-line supermarket and specialty shops.
- Seven large format retail tenancies located within a large format retail centre.
- Three fast food buildings.
- A childcare centre.
- Estimated Fully Leased Gross Income potential of approximately $3,500,000 per annum under the current development plans. *
Strategic Landholding
- Expansive 7.54ha primely located site with 440 metres* of direct frontage to the Captain Cook Highway and 600 metres of direct frontage to the Smithfield Bypass, offering exposure to over 33,500* passing vehicles daily.
*Approximately
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