Metro Middle Park Shopping Centre, 90 Horizon Dr, MIDDLE PARK | Property for sale | Savills
69,276.56 sq ft(6,436 sq m)
Price on application

Metro Middle Park Shopping Centre90 Horizon Dr, MIDDLE PARK

    Retail
    69,276.56 sq ft (6,436 sq m)

    Key features

    • Only Neighbourhood Centre in Expansive Trade Area - Enclosed neighbourhood shopping centre anchored by Coles + 38 specialties + 2 kiosks. Total GLA 6,433sqm* plus parking for 301* cars.
    • Rare Metropolitan Brisbane Offering - Rare opportunity to acquire a centre in booming metro Brisbane.
    • Large MTA Catchment - Only major supermarket in a large MTA catchment of 24,690 people, including 15,840 in the PTA.^
    • Diverse Daily Needs Tenancy Mix - Diverse convenience-based tenancy mix including Food, Liquorland, Amcal Chemist, Medical, Casual Dining & Professional Services.
    • Supermarket Rental Growth - Coles currently trading into turnover rent.
    • Affluent Young Family Catchment - Attractive trade area profile comprising affluent young family households. High income levels 17% above Brisbane average.
    • Strong Embedded Land Value - High profile 21,390sq m* site zoned District Centre DC1, allowing mixed use development options with 90%* site cover + up to 4 storeys in height providing up to 77,000sq m* GFA potential.
    • Strong Retail Spending Forecast Growth - MTA retail spending of $459.4m increasing to $692.9m by 2041.^
    • Net Annual Income (Fully Leased) - $2,847,501p.a.*

    Metro Middle Park Shopping Centre

    About this property

    • Metro Middle Park Shopping Centre comprises a modern, single-level enclosed neighbourhood shopping centre anchored by a 2,626sqm* Coles supermarket and supported by 38 specialty shops, 2 kiosks and 1 ATM. The complex features a total gross lettable area of 6,433sqm* and at grade parking for 301* vehicles.

      Metro Middle Park is located in the established suburb of Middle Park, 17km* south-west of the Brisbane CBD. The property is strategically positioned on the corner of Horizon Drive and Riverhills Road. Horizon Drive is a local connector road connecting the centenary suburbs to the M5 (Centenary Motorway) via Sumners and Dandenong Roads.

      Key highlights:

      - Rare Metropolitan Brisbane Offering
      - Diverse Daily Needs Tenancy Mix
      - Significant Mixed-Use Land Holding


      *Approximate
      ^Source: LocationIQ

      For Sale by Private Negotiation

    Available space

    LevelTenancySale TypePriceAreaSqmStatus
    n aExpression of Interest6436.00sq mAvailable