1-35 Grande Avenue, SPRINGFIELD LAKES, QLD 4300

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

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