Team Syed Ali & Sid Arora of Ray White Rochedale and Ray White Commercial are proud to present an unmatched commercial opportunity in the heart of one of Queensland's fastest-growing regions, 250-252 Kingston Road, Slacks Creek. Strategically located with commanding frontage to Kingston Road, this high-profile centre comprises over 22 individual tenancies across a substantial 4,641m² site, offering unparalleled exposure to over 35,000 vehicles daily and endless future potential. Currently generating $286,000 per annum from 14 tenanted shops with a rental appraisal of up to $485,000 per annum when fully leased, the property presents a rare chance to unlock immediate cash flow and capitalise on future uplift by leasing the remaining spaces and/or redeveloping select zones. Key Features: -Land Size: 4,641m²* | Building Area: Approx. 3,500m²* -Tenancies: 22 shops (18 useable, 4 with renovation/redevelopment potential) -Current Rent: $286,000/year | Fully Leased Potential: $485,000/year -Outgoings: $121,000/year (incl. management, rates, land tax, insurance, sinking fund) -High-yield potential - most leases set below market value during COVID -Zoning: Flexible for future mixed-use or higher-density redevelopment (STCA) -Excellent car parking for staff and customers -Dual street access: Kingston Road + Noel Street Diverse tenant mix including: -Restaurants & takeaway food outlets -Butcher, fruit & veggie shops, grocery stores -Dentist, barber, massage, florist -Boutique retailers & fashion -Community & cultural centres -Fitness/gym and professional offices Location Highlights: -Direct access to M1 Motorway - midway between Brisbane CBD and Gold Coast -Surrounded by major growth hubs: Underwood, Springwood, Logan Central -Within 5km radius: Over 100,000 residents and 55,000+ vehicles daily -Minutes to IKEA, Griffith Uni (Logan Campus), Logan Hospital, and shopping precincts -Positioned in Slacks Creek, one of QLD's fastest-growing LGAs with: -47% population growth forecast by 2041 -$1.2 billion+ committed in infrastructure works -$75 million being delivered in Q1 2025 alone The Opportunity: Whether you're seeking a high-return commercial investment, a value-add repositioning project, or landbanking in a rapidly growing precinct - this is a golden opportunity to secure a tightly held centre with significant upside. Contact Team Syed Ali or Sid Arora today for an Information Memorandum, rental breakdown, or to book a private inspection.
ส่งอีเมลสอบถามได้ที่ RWC CSR
รหัสอสังหาริมทรัพย์: 504928224
รหัสอสังหาริมทรัพย์เดิม: 504928224