Attributes
| Year Built | 2000 |
| Building Area Gross |
|
| Land Area Gross |
|
| Occupancy | 100.0 % |
Asset Description
JLL are pleased to offer For Sale Morayfield Village, a high-profile Large Format Retail centre in the booming northern growth corridor.
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
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