Ferny Grove Central

47 Conavalla Street, Ferny Grove, QLD, 4055, AU

Ferny Grove Central_Property for Sale


Ferny Grove Central 2_Property for Sale

Asset description

JLL Retail Investments is pleased to offer for sale Ferny Grove Central, a brand-new, convenience retail and community centre adjoining the Ferny Grove Train Station in Brisbane’s affluent northern suburbs. An offering exhibiting best in class design, Ferny Grove Central is set to become a retail precinct in a league of its own, ideally positioned to be Australia’s next great Transit Oriented Development.


Building area gross
132,644 sf
Year built

Investment highlights

  • Ultra-secure cash flow with 12.2-year wale (area) and favourable net lease structure

  • Destinational offering, as well as a convenient super neighbourhood centre servicing a high growth catchment forming part of a greater mixed use development adjoining Ferny Grove train station

  • 62% of gross income underpinned by long leases to full-line Woolworths’ supermarket, Dan Murphy’s, Goodstart Childcare, Goodlife Fitness Centre and Cinebar

  • Unparalleled leasing demand to date, with 88% (by area) and 82% (by income) pre-committed

  • Fully Leased Net Income of $6,220,982

For Sale via Expressions of Interest Closing Wednesday 18th May 2022 4PM (AEST)

Ferny Grove Central 4_Property for Sale
Ferny Grove Central 4_Property for Sale

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Last updated
Aug 11, 2022