Expected to attract strong interest from the market, the property comprises a brand-new large format convenience centre anchored by 7-Eleven on a 15-year lease and supported by four specialty retailers.
The site occupies a 5,237sqm corner site fronting a signalised intersection and shares access with an adjoining 24-hour trading McDonald’s.
“Early feedback from the market has been really positive, and we are expecting a high level of interest,” says JLL Executive Campbell Bowers.
“The demographic of Doolandella perfectly suits what the centre offers, with trade also being supported by the adjoining McDonald’s.
“We expect investment to remain strong through 2020, driven by the current low interest rate environment. Investors will also value the security that prime assets offer when compared with the volatility present in other markets.”
The property is being offered for sale via expressions of interest closing Thursday, 9 April at 4pm.