Retail

Morayfield Village

177-189 Morayfield Road, Morayfield, QLD, 4506, AU

Morayfield Village_Property for Sale

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Morayfield Village 2_Property for Sale

Asset description

JLL are pleased to offer For Sale Morayfield Village, a high-profile Large Format Retail centre in the booming northern growth corridor.

Attributes

Building area gross
74,691 sf
Occupancy
100.00%
Year built
2000
Land area Gross
4.12 acres (179,650 sf)

Investment highlights

  • 88% of gross income underpinned by national LFR and medical covenants
  • Secure income stream via 7.0-year WALE (area)^
  • Exposure to one of Brisbane’s busiest retail hubs, adjoining Morayfield Shopping Centre
  • Efficient at-grade design facilitated by 269 at-grade car bays
  • Secured by best-in-class national covenants
  • Expansive 1.70ha site with favourable ‘Centre’ zoning underpins future land value
  • Prominent corner site provides 250m of direct street exposure, including direct exposure to Morayfield Road
  • Fully Leased Net Income of $1,789,720


All figures and information is approximate and as at 30 June 2022

^Total centre WALE calculations are done on a gross passing basis

Morayfield Village 4_Property for Sale
Morayfield Village 4_Property for Sale

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Last updated
Nov 30, 2022