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CBRE and JLL are pleased to present for sale Gladstone Square Shopping Centre.
Some of the key investment highlights of the asset include:
- 6,915sqm* GLA Woolworths anchored neighbourhood shopping centre + 2 mini majors, Chemist Warehouse and The Reject Shop + 23 non-discretionary and essential needs specialty shops.
- Long 6.1 year WALE (by income) while generating strong fixed rental growth between 3% and 5% p.a. across all specialties.
- Expansive, land rich 1.92ha* site and exhibits convenient access with over 300* (approx.) on-grade car parks and three ingress and egress points.
- MTA Retail Expenditure is forecast to increase to $1.83 billion by 2046, reflecting a 2.9% p.a. increase.^
- The only full-line Supermarket in the Gladstone City Centre, providing trade area dominance with limited barriers of entry.
- Fully Leased Net Income $2,459,000 p.a. + GST**
Gladstone Square Shopping Centre is For Sale via Expressions of Interest closing Thursday 10th April 2025 at 4pm (AEST).
For further information on this opportunity please reach out to the exclusive sales and marketing agents.
**Approximate as at 30 June 2025. ^LIQ Report
Remember to mention you found this property on CommercialReady
CBRE and JLL are pleased to present for sale Gladstone Square Shopping Centre.
Some of the key investment highlights of the asset include:
- 6,915sqm* GLA Woolworths anchored neighbourhood shopping centre + 2 mini majors, Chemist Warehouse and The Reject Shop + 23 non-discretionary and essential needs specialty shops.
- Long 6.1 year WALE (by income) while generating strong fixed rental growth between 3% and 5% p.a. across all specialties.
- Expansive, land rich 1.92ha* site and exhibits convenient access with over 300* (approx.) on-grade car parks and three ingress and egress points.
- MTA Retail Expenditure is forecast to increase to $1.83 billion by 2046, reflecting a 2.9% p.a. increase.^
- The only full-line Supermarket in the Gladstone City Centre, providing trade area dominance with limited barriers of entry.
- Fully Leased Net Income $2,459,000 p.a. + GST**
Gladstone Square Shopping Centre is For Sale via Expressions of Interest closing Thursday 10th April 2025 at 4pm (AEST).
For further information on this opportunity please reach out to the exclusive sales and marketing agents.
**Approximate as at 30 June 2025. ^LIQ Report
Remember to mention you found this property on CommercialReady
184 Goondoon Street, Gladstone Central, QLD, 4680
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