ASSET
100% Freehold Equity Interest
DESCRIPTION
A 1,593 sqm fully leased semi-modern convenience based retail shopping centre anchored by a 387 sqm IGA supermarket on a 15-year lease and supported by a strong mix of national specialty tenants including Chempro Chemist, Qualitas Medical Centre, Dominos, Liquorland, and TSG. Windaroo Village is located on a 8,006 sqm corner site strategically located in the growth corridor between Brisbane and the Gold Coast.
Reconstruction works are underway for 5 tenancies impacted by a recent fire, with loss of income and reinstatement works covered by insurance and targeted for completion in March 2022.
WALE: 5.3 years
Occupancy (% GLA): 100%
Gross Lettable Area: 1,593sqm
Freehold Land: 8,006sqm
Key Tenants: Snap Fitness and Pharmacy