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Retail in Dysart, QLD18 Queen Elizabeth Dr

18 Queen Elizabeth Drive, Dysart, QLD 4745
18 Queen Elizabeth DriveDysart QLD 4745 AUS
-22.586693 148.349196
9% Net Return
  • Building area 3518 sqm
  • Land area 8.75 acres / 3.54 ha

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For Sale @ 9% Return - Neighbourhood Shopping Centre Qld

Property ID 1717740
The offering currently comprises
- Dysart Garden Plaza - Cornett's IGA plus 25 shops and an ATM. GLA - 3,518m* ;
- Remaining 6 (of 24) three bedroom units located on Shannon Crescent to the north (units: 8,9,10,11,19,20);
- Several parcels of vacant land zone for future expansion;

Lapsed development approval (LDA - Dec 2016) for 4 further stages.

Dysart Garden Plaza & Town Centre expansion comprises:
- Stage 1: Service station and commercial component still to be built;
- Stage 2: Shopping centre expansion of 2,400 m2*, inc IGA expansion;
- Stage 3: Mixed-use multi-level complex comprising 72 x 2 bedroom and 6 x 3 bedroom apartments and a Business Centre of 648m2*;
- Stage 4: New Drive through Fast Food Centre (Restaurant up to 200m2*);
- Stage 5: Expansion of Dysart Garden Plaza by a further 1,300m2*.

*approximately


Shopping centre - High Return - Value Add - Groceries - Development Upside - Town Centre - Neighbourhood Centre
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Investment data

Key Information
Tenancy Status Currently Tenanted
Annual Yield (Gross) N/A (Marketed Without Price)
Annual Yield (Nett) N/A (Marketed Without Price)
Title Scheme Not Applicable

The above figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply.

* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.