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1-35 Grande Avenue, SPRINGFIELD LAKES, QLD 4300
Springfield Lakes
Ray White Commercial QLD are pleased to present 1-35 Grande Avenue, Springfield Lakes. For sale via Expressions of Interest closing Thursday 15th December 2022 at 4pm (AEST).
Under instructions from Scott Clout & David Clout as Receivers and Managers.
The Site
• 2.39ha shovel-ready development site comprising 3 separate DA approved lots
• DA approval for a neighbourhood shopping centre (Lot 1), Service Station (Lot 2) and Childcare Centre (Lot 3)
• Two-Street Frontage: 611 metres* of street frontage to Springfield-Greenbank Arterial and Grande Avenue
• Elevated site with exposure to over 23,200^ vehicles daily
• Springfield Lakes: A master-planned community 22km* South-West of the Brisbane CBD
• Within 1.5km* of the Centenary Motorway and Springfield Central Train Station, both offering direct access to the Brisbane CBD
• Within 1km* of a growing education and health hub, with current operators including Mater Hospital and St Peter's Lutheran School
• Dedicated roundabout entrance from Grande Avenue with proposed Slip-Lane access along Springfield-Greenbank Arterial
The Development
• Existing Agreement's For Lease (AFL's) with approximately 90% of income (by council approved GLA) pre-committed
• Tenants including: Drakes Supermarkets (12 years), 7-Eleven Fuel (15 years), a 220-place Lead Childcare (15 years) and more
• Total council approved gross lettable area of 7,029sqm
• Pre-committed base rent of $2,961,962 plus GST p.a. (based on signed AFL's as at 02/12/2022)
*Approximate ^Sitewisely
Remember to mention you found this property on DevelopmentReady
Ray White Commercial QLD are pleased to present 1-35 Grande Avenue, Springfield Lakes. For sale via Expressions of Interest closing Thursday 15th December 2022 at 4pm (AEST).
Under instructions from Scott Clout & David Clout as Receivers and Managers.
The Site
• 2.39ha shovel-ready development site comprising 3 separate DA approved lots
• DA approval for a neighbourhood shopping centre (Lot 1), Service Station (Lot 2) and Childcare Centre (Lot 3)
• Two-Street Frontage: 611 metres* of street frontage to Springfield-Greenbank Arterial and Grande Avenue
• Elevated site with exposure to over 23,200^ vehicles daily
• Springfield Lakes: A master-planned community 22km* South-West of the Brisbane CBD
• Within 1.5km* of the Centenary Motorway and Springfield Central Train Station, both offering direct access to the Brisbane CBD
• Within 1km* of a growing education and health hub, with current operators including Mater Hospital and St Peter's Lutheran School
• Dedicated roundabout entrance from Grande Avenue with proposed Slip-Lane access along Springfield-Greenbank Arterial
The Development
• Existing Agreement's For Lease (AFL's) with approximately 90% of income (by council approved GLA) pre-committed
• Tenants including: Drakes Supermarkets (12 years), 7-Eleven Fuel (15 years), a 220-place Lead Childcare (15 years) and more
• Total council approved gross lettable area of 7,029sqm
• Pre-committed base rent of $2,961,962 plus GST p.a. (based on signed AFL's as at 02/12/2022)
*Approximate ^Sitewisely
Remember to mention you found this property on DevelopmentReady
1-35 Grande Avenue, SPRINGFIELD LAKES, QLD 4300
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
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Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
