CBRE is proud to exclusively bring to market Portside Wharf – A landmark opportunity never to be repeated. Portside Wharf represents a premium retail, dining and entertainment precinct primed to benefit from exceptional population and retail sales growth. - A 13,789sqm* GLA notable riverside dining and entertainment destination including IGA, Dendy Cinema, and multiple high-end, well established and new retailers including, FOSH, Byblos, Gusto da Gianni, SONO, The Ballpark and Portside Social + 54 specialties. - Long 7.0 year* WALE (by income), generating income growth averaging 3.5%* per annum - Recently undergone a significant refurbishment offering the incoming purchaser depreciation and tax benefits - Immediate surrounding catchment ’20 min drive’ is forecast to experience a 22%* population increase to 1,219,700* by 2041 which is further supported by a 3.4%* p.a. retail expenditure increase to $45.9 billion ^ - A prime location in the heart of the Northshore Hamilton Priority Development Area (PDA), which has been selected as the home of the Brisbane 2032 Olympics and Paralympics Games Athlete's Village. - Strategically positioned to benefit from the adjoining Development Approved 7,401 sqm* site for two 23-storey residential towers housing a total of 560 BTR units providing a total GFA of 41,174sqm (For Sale Individually or in-one-line) Portside Wharf is offered for sale by Expressions of Interest closing Wednesday 23rd October 2024 at 4pm (AEST). For further information or to arrange an inspection, please contact the exclusive sales and marketing agents. *Approximate. ^Location IQ
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Property ID: 504696748