Market Central Lutwyche

- Neighbourhood shopping centre (22,106 sqm*) anchored by dominant grocery chains, Coles, Woolworths and ALDI plus two mini-majors

- One of only three triple-supermarket anchored Neighbourhood shopping centres in Queensland¹

- Over 2.15 ha* of prime income-producing mixed-use land, 5 km* north of Brisbane CBD and a height limit of up to 12 storeys²

- Significant 149m* exposure to major arterial road, Lutwyche Road, with 50,900+ daily passing vehicles³

- Highly affluent main trade area of over 74,000 people with median incomes 35.8% above the Greater Brisbane benchmark³

- Specialty stores trading on a sustainable basis with gross occupancy costs of 13.6% and tenant productivity, 12% above benchmark⁴

- Redevelopment completed in 2019 with a $77 million* (net of GST) capital investment and significant depreciation benefits available

- Estimated fully leased net income of $9.63 million p.a. as at 1-Jul-24

For Sale via Expressions of Interest, closing Wednesday 19th June 2024 at 4:00pm (AEST).

For further information or to arrange an inspection, please contact the exclusive selling agents.

*Approximately

1 PCA Data

2 Archistar, Brisbane City Plan 2014

3 LocationIQ, May 2024

4 Urbis ‘double supermarket based shopping centre’ benchmark; specialty stores includes kiosks & excludes non-retail