Fully Leased Multi-Tenanted Brisbane Retail Centre | Strategic 3,233sqm Corner Site

Description

CBRE are pleased to offer to the market a premium multi-tenanted retail centre opportunity located at 191 Waller Road, Regents Park QLD 4118 for sale via an Expressions of Interest campaign.

The property has the following investment highlights:

+ Rare opportunity to acquire a fully leased multi-tenanted retail centre anchored by SPAR Supermarket, Liquor Legends, & Qualitas Health – underpinning 56% of total centre income
+ SPAR Supermarket: Top independent supermarket retailer with 300+ supermarkets in Australia and Pacific Islands, servicing 13.5m customer annually
+ Liquor Legends: One of Australia’s largest independent liquor groups, with 350+ sites nationally and 30+ years industry experience
+ Qualitas Health: Leading international health provider with 250+ practices in Australia, Malaysia and Singapore and a network of 1,700 doctors
+ Supported by well-established operators Browns Plains Real Estate, Gluten free Bakery, Waller Road Pharmacy, Laundry Today and Alpha Care & Share
+ Mixture of CPI and fixed annual rental increases ranging from 3% – 4% across all leases, allowing for consistent rental growth
+ Long 4.20 year* WALE to national retailers plus renowned QLD operators
+ Prime 3,233sqm* corner landholding with favourable ‘Centre’ zoning allowing for a multitude of future development outcomes (STCA)
+ Well-maintained single-level retail centre with a significant 902sqm* NLA & recent extension completed in 2024, offering strong depreciation benefits
+ 36 on-site car spaces allowing for ease of access including rear access for tenants
+ Strategic positioning within an area of limited competition with no opposing retail centres within a 2km* radius of the centre
+ Located in a prime residential precinct, with 36,000+ residents and 11,000+ dwellings within a 3km radius, supporting the strong trade of the centre
+ Located 29km* south of Brisbane CBD within a significant Brisbane/Gold Coast residential growth corridor, with an additional 70,000 new dwellings forecast for Logan City by 2031*
+ Logan City Council: second fastest growing LGA in South-East Queensland, with the population forecast to increase 47% by 2041 to over 500,000 residents and $1.2 billion committed in future capital works projects*
+ Estimated Net Income: $427,774 pa* + GST (As at 1 July 2026)

To be sold via Expressions of Interest
Closing 3pm (AEST) Wednesday 8 April 2026
(If not sold prior)

Please contact the exclusively appointed sales team for more information

*Approx

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Contact agents
Tom Lawrence Senior Negotiator
+61 428 626 117
Fin Hume Negotiator
+61 488 008 975
Craig Chapman Senior Director
0427 110 132
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Regents Park, QLD

191 Waller Road

For Sale by Expression of Interest

This property is part of Portfolio 183

Price: Contact Agent

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