Tower Shopping Centre, 185-189 Station Street, Burpengary, Qld 4505

Key highlights include:

-	 Well-established retail centre 100% leased to a vibrant mix of National and Chain traders including The Reject Shop and Anytime Fitness

-	 The Centre features attractive rental growth profile and income security with most tenancies featuring annual rental increases ranging from CPI to 4% and with circa 65% of lettable area securely leased to select national & chain traders

-	 Gateway 9,382sq m corner location comprising two separately titled, but adjoining lots, providing ability to subdivide the holding or further develop individual lots (STCA)

-	 Flexible “Centre Zone” - 21 metre height overlay (6-7 levels - STCA) with low existing site cover ~26%

-	 Ample grade level parking for 125 cars featuring excellent exposure and access with expansive dual street frontage spanning 197 linear metres

-	 Dynamic retail hub located 35 radial km north of Brisbane and 45 radial km south of Caloundra

-	 Value-add potential through active management and exploring Town Planning upside via low site cover and potential car parking surplus

-	 Net Income (Fully Leased Estimate):  $654,238p.a.


Note:  All areas, distances, amounts and measurements referenced above are approximate only and not to be relied upon.

For Sale by Expressions of Interest closing 3pm (AEST), Wednesday, 25 June 2025