Former ALDI Supermarket Primed for Significant Repositioning in Metropolitan Brisbane
Colliers is excited to present a rare opportunity for an investor, developer, or owner-occupier to reposition a former ALDI Supermarket within metropolitan Brisbane, 20* kilometres southeast of Brisbane CBD.
The current built form, a 1,266m² former ALDI supermarket requires minimal fit outs and is ready for almost immediate occupancy once ALDI vacates. The 4,266m² site offers investors an excellent repositioning and development opportunity in a tightly held corridor within metropolitan Brisbane.
The site occupies a prime corner position at the intersection of arterial Mount Cotton Road and Moreton Bay Road servicing a combined 39,000¹ cars per day, ensuring significant site exposure. The catchment is underpinned by strong consumer demand and spending with $3.6 billion in local spending recorded in Redland City in FY2023².
Key Investment Highlights
- Flexible PC Principal Zoning providing an array of repositioning and development opportunities
- Large 4,266m² site area, only 20km* southeast of Brisbane CBD
- Tightly Held Corridor with pent up Tenant Demand
- Strong consumer demand with $3.6 billion in local spending in FY2023 with Redland City²
- Strong tourism industry with 980,000 domestic and international tourist visited Redlands City in 2022, generating $215 million in expenditure²
UNDER CONTRACT.
¹ AADT Segment Report
² Redland City Council
*approx.
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