Brisbane's Everton Plaza expected to attract local and interstate buyers
Everton Plaza, an almost fully-leased shopping centre located in Brisbane’s inner northwest, is expected to attract retail investors.
Stewart Gilchrist and Matthew Curtain of Colliers International have been tasked with the marketing campaign on behalf of Centa E Pty Ltd.
They expect the plaza will garner the interest of both local and interstate buyers.
“Indeed, the fact that the centre is well established and has almost no vacancy will be one of the most attractive aspects for any investor,” they said.
The 1.75-hectare Everton Park property, located at 791 Stafford Road, has a lettable area of 7,200 square metres with up to 230 parking spaces and features frontage to arterial roads South Pine Road and Stafford Road as well as to two rear streets.
With anchor tenant Coles, the complex comes with 26 other specialty tenants including ANZ, Chemmart, BWS, Australia Post, Brumby’s, Domino’s Pizza and the Fernwood Fitness studio which occupies the whole of the first floor.
Matthew Curtain estimates that on a fully leased basis the net annual income of the building has a $2 million potential.
