A retail development site in the heart of one of Australia’s fastest growing regions is up for sale with Ray White’s Michael Feltoe & Lachlan O’Keeffe, and it is already attracting interest from national retail tenants. 

161 New Settlement Road, Burpengary is a 1.73ha site situated 30km* North of the Brisbane CBD in the heart of Moreton Bay. The cleared and levelled site offers high-profile corner positioning adjacent to the newly developed Alkina Residential Estate - which has already delivered 375 homes, with a further 62 upcoming builds. 

“This site is positioned to capitalise on the captive and growing market at its doorstep,” said Mr Feltoe, “in addition to the adjoining estate, there is a new 2,000 student school in the works along Morgan Road, and it is directly connected to the Bruce Highway.”

The site currently has exposure to over 11,200 vehicles daily along New Settlement Road with this figure projected to further increase as new developments occur, which Mr O'Keeffe says is attracting strong tenant interest already, 

“There are numerous national retailers who have already expressed leasing interest in the site to capture the ever-growing demand for retail services in Burpengary, which is currently under-provided in this catchment of almost 15,000 people.” 

To request a copy of the Information Memorandum please contact one of the marketing agents Ray White’s Michael Feltoe & Lachlan O’Keeffe, via the contact details below. 

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