Stockland Townsville, QLD

310-330 Ross River Road, Townsville, QLD, 4810, AU

Stockland Townsville, QLD_Property for Sale


Stockland Townsville, QLD 2_Property for Sale

Asset Description

Dominant Major Regional Shopping Centre


Building area gross
44,928 m²
Year built
Land area Gross
659.00 km² (659,000,000 m²)

Investment Highlights

JLL is pleased to present the opportunity to purchase Stockland Townsville, a dominant major regional shopping centre.

Investment Highlights:

  • Dominant Major Regional shopping centre featuring a GLA of 44,928 sqm and the only department store in 345 km*
  • Prominent corner location with substantial 9.9 ha* site area including two 1.3 ha* development lots providing flexibility
  • Strong occupancy of 99.5% backed by over 98% of GLA leased to either national or chain operators
  • Exceptional major tenant lease profile providing income security – major WALE of 12.5 years (by area)
  • Total Centre sales above $270 million (incl. GST) and low specialty occupancy costs of 14.1% (as at Dec-22)

50% interest for sale via Expressions of Interest closing on Wednesday, 15 March 2023.

To obtain further information or to arrange an inspection please contact the exclusive sale and marketing agents.

Nick Willis

+61 409 595 803

Sam Hatcher

+61 409 899 691

Stockland Townsville, QLD 4_Property for Sale
Stockland Townsville, QLD 4_Property for Sale

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Last updated
7 Feb 2023