JLL, in conjunction with CBRE are pleased to exclusively offer Keppel Bay Plaza in Yeppoon For Sale via Expressions of Interest, closing 4pm (AEST) Thursday 1 November 2018.
We note the following investment highlights:
- Coles Supermarket supported by the Railway Hotel and Star Liquor Warehouse, 1 mini major and 19 specialty tenants
- Redevelopment and repositioning opportunity (STCA) through additional land holdings
- Convenience based retail offering with WALE of 5.4 years (by income)*, providing a secure and growing income stream
- High growth main trade area with retail spend forecasted to grow at 4.50% per annum to $777.4 million
- Centrally located on a strategic 2.5ha* site with ample on-grade car parking and outstanding exposure to James Street
- Fully leased net income of $2,480,423 per annum* as at 31 December 2018