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CBRE is pleased to exclusively present to market Clifton Village Shopping Centre.
Some of the key investments highlights of the asset include:
- 3,214 sqm* strong performing, recently refurbished, Coles Supermarket, secured via a new 10-year lease and currently in turnover rent.
- 79% of leased GLA secured by national retailers, including The Reject Shop, Liquorland, Domino’s, Terry White Chemmart, QML Pathology.
- 5.7 year WALE (by income) with 3.00%+ average guaranteed income growth and future value add opportunities.
- 2.3ha* expansive site with 377 car parks and extensive exposure to the Captain Cook
Highway, a major regional highway carrying 5.47 million cars annually.
- Located 24km north of Cairns, the Centre services the affluent catchment and the last Supermarket anchored centre when travelling 45km* to Port Douglas.
- Fully leased net income $2,836,000 p.a.** + GST
Clifton Village Shopping Centre is For Sale via Expressions of Interest closing Thursday 3rd April 2025 at 4pm (AEST)
For further information on this opportunity, please reach out to the exclusive sales and marketing agents.
*Approximate. ^Deep End Report 2025.
**Approximate, as at 1 March 2025.
Remember to mention you found this property on CommercialReady
CBRE is pleased to exclusively present to market Clifton Village Shopping Centre.
Some of the key investments highlights of the asset include:
- 3,214 sqm* strong performing, recently refurbished, Coles Supermarket, secured via a new 10-year lease and currently in turnover rent.
- 79% of leased GLA secured by national retailers, including The Reject Shop, Liquorland, Domino’s, Terry White Chemmart, QML Pathology.
- 5.7 year WALE (by income) with 3.00%+ average guaranteed income growth and future value add opportunities.
- 2.3ha* expansive site with 377 car parks and extensive exposure to the Captain Cook
Highway, a major regional highway carrying 5.47 million cars annually.
- Located 24km north of Cairns, the Centre services the affluent catchment and the last Supermarket anchored centre when travelling 45km* to Port Douglas.
- Fully leased net income $2,836,000 p.a.** + GST
Clifton Village Shopping Centre is For Sale via Expressions of Interest closing Thursday 3rd April 2025 at 4pm (AEST)
For further information on this opportunity, please reach out to the exclusive sales and marketing agents.
*Approximate. ^Deep End Report 2025.
**Approximate, as at 1 March 2025.
Remember to mention you found this property on CommercialReady
55 Endeavour Road, Clifton Beach, QLD, 4879
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