JLL is pleased to present 'North Ward Shopping Village, Townsville’, a unique opportunity to acquire Townsville’s best neighbourhood shopping centre situated in the city’s affluent eastern suburbs.
DOMINANT DUAL-ANCHORED NEIGHBOURHOOD SHOPPING CENTRE
Anchored by a strong trading Coles Supermarket in percentage rent & a McDonald’s drive-thru pad site driving centre visitation and MAT.
DAILY NEEDS FOCUS
North Ward Shopping Village offers 67%* of GLA underpinned by non-discretionary and daily needs retailers.
Situated on an expansive 1.70ha site in one of Townsville’s most affluent demographics benefitting from 180* metre frontage to major arterial, Eyre Street.
Favourable ‘Local Centre’ classification provides the ability to develop up to 8-storeys of residential or commercial space (STCA)
The centre offers an attractive 6.1-year WALE (by area) with 66%* of income generated via majors Coles (2030) & McDonald’s (2027)
ESTIMATED NET INCOME
Fully Leased Net Income of $2,305,668.
For Sale by Expressions of Interest closing Thursday 8th December at 4:00pm (AEST)