Sold
City Centre Plaza
Fitzroy & Bolsover Street, Rockhampton QLD

Stonebridge, in conjunction with JLL, is pleased to offer City Centre Plaza Rockhampton for sale via Expressions of Interest, closing 4pm (AEST) Wednesday, 4 September 2019.

Investment highlights

  • Strongly performing sub-regional shopping centre anchored by Coles Supermarket (3,717 sqm) and Target (6,846 sqm) in addition to 32 specialties and 3 ATMs/Kiosks
  • Coles Supermarket has recently confirmed their commitment to the location, exercising a 6 year option with expiry in October 2025
  • Outstanding retail repositioning and future development opportunity via significant 21,380 sqm land holding
  • Dominant centre in the MTA with retail spend expected to grow by 3.8% annually to $2,775.5 million in 2031^
  • Central highly accessible location in the Rockhampton CBD
  • Fully leased net income of $3,123,214 as at 30 September 2019

^ Location IQ 2019, All figures approximate.

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