Palms Shopping Fair, 172 Goondoon St, Gladstone Central, Qld 4680

Stonebridge is pleased to present ‘Palms Shopping Fair Gladstone’ for sale via Expressions of Interest closing Thursday 14 August 2025 at 3pm (AEST).

The asset boasts the following key investment features:

   -  High performing retail centre with new and renewed leases, boasting a robust income growth profile with 4%, 3.5% & 3% annual rent increases

   -  Ideal mix of national retail, medical and services tenants including ANZ Bank ($91 Bn market cap.), Silly Solly’s (41+ stores nationally) and Robins Kitchen (in occupation 20+ years)

   -  Valuable 3,827 sqm* ‘Mixed Use’ zoned CBD landholding with 41 car parks, boasting 135m* of combined frontage across three streets

   -  Expansive 2,444 sqm* building spanning 13 tenancies across two storeys

   -  Well-positioned on major thoroughfare Goondoon Street in the heart of Gladstone’s CBD, directly opposite Woolworths anchored Gladstone Square Shopping Centre

   -  Strong performing asset with longstanding tenants - Gladstone Trade Area spend forecast to grow 58%* to $1.83Bn by 2046

   -  Gladstone – National energy heavyweight and gateway to the Southern Barrier Reef, attracting 566,000+ visitors annually, population forecast to grow by more than 21% to 2046*

   -  Net Income $523,162 pa^ + GST

‘Palms Shopping Fair Gladstone’ is for sale via Expressions of Interest closing Thursday 14 August at 3pm (AEST).

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately
^ as at 1-Oct-25

Property Code: 1348