Retail

Ferny Grove Central

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

Ferny Grove Central_Property for Sale

Gallery

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.

Attributes

Building area gross
132,644 sf
Year built
2022

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

Contact brokers

Similar properties

View moreChevron Right
Do you have any questions? Visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. E-Mail us today to see how we can help achieve your ambitions.
Last updated
Aug 11, 2022