Watch Watch
Sold Check
+4 Photos
1-35 Grande Avenue, SPRINGFIELD LAKES, QLD 4300

2. Property Highlights

Receivers' Sale | Retail Development Site - c. 90% Leased & DA Approved

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

Read More

3. Property Location

1-35 Grande Avenue, SPRINGFIELD LAKES, QLD 4300

Property Map
Show properties in the area

4. Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into DevelopmentReady to allow access

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
1-35 Grande Avenue, SPRINGFIELD LAKES, QLD 4300 Springfield Lakes