Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
Cap Rate N/A

Key facts

Year Built 2000
Building Area Gross
Call for Offers 2022-05-10

Property description

JLL is pleased to offer For Sale Burleigh Home + Life, Queensland's newest Large Format Retail centre within the Gold Coast's most exclusive catchment.

Investment highlights

  • Long-term leases to proven retailers with over 85%* of NLA leased to national covenants
  • Effective tenancy mix comprising of non-discretionary retail, medical services and food and beverage facilities
  • Income security via strong 8.3-year WALE and fixed annual reviews of 2.00%-3.00%
  • Fully Leased Net Operating Income of $3,389,843*
  • Total 3.29ha* land holding within premier coastal destination
  • Offering 384* on-grade car spaces and multiple access points
  • Rare opportunity to control the Gold Coast’s most vibrant retail and lifestyle catchment
  • Direct beneficiary from the Gold Coast’s 16% increase in YoY residential building approvals
  • Prestigious postcode with a median house price of $1.35M vs Queensland’s median of $580,000*
  • Adjoining the dominant Stockland Burleigh which drives centre visitation and overall MAT
  • Benefits from the Gold Coast’s unprecedented tourism demand, seeing over 4.2* million visitors per annum
  • Gold Coast is a true economic powerhouse – contributing over $38 billion* to Queensland’s GSP annually


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

Last Updated Date: 09 Mar 2022

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PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry, providing information such as our services and events.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

Last Updated Date: 09 Mar 2022

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The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

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