A generational opportunity and the largest contiguous freehold site in Broadbeach, Gold Coast is on the market for the first time. Steven King, Samuel Biggins and Jason Lynch of Colliers and Peter Court, Mike Walsh and Frederic Le Fanue of Cushman and Wakefield are bringing the Niecon Portfolio to market.

Positioned in the heart of Broadbeach, the Niecon Portfolio is comprised of a 5,463 sqm combined site with two street frontages and designated ‘Centre’ zoning.

The iconic mixed-use center developed in 1990, features two levels of office/retail with a large internal glass atrium and internal mall linking Victoria Avenue with Albert Avenue.

“The Niecon Plaza Portfolio represents a unique long-term repositioning and redevelopment opportunity, with national brand, corporate and boutique operators providing a diversified income stream,” said Steven King, Director-in-charge, Colliers Gold Coast.

"The Gold Coast has traditionally been one of Australia’s largest tourism markets averaging 12 million visitors to the region annually over the last 3 years, totaling circa $15.5 billion in expenditure over the period.”

“Broadbeach is a key lifestyle & commercial destination underpinned by several landmark pedestrian drivers including The Star Casino, The Gold Coast Convention Centre, the Oasis Shopping Centre, Pacific Fair and the Broadbeach Beach & Victoria Mall.”

Samuel Biggins Colliers Director Queensland told WILLIAMS MEDIA “Offered for the first time ever as a portfolio, the Niecon Plaza Portfolio provides an opportunity to secure 4 contiguous lots totalling over half a hectare in the heart of Broadbeach with an unlimited development height limit (STA)’

“The portfolio is anchored by the boutique Niecon Tower office building & Plaza retail assets, offering a 5.1-Year WALE, significant holding income and opportunities to add further value.  Office occupiers include tier 1 tenants such as Macquarie Group, the Australian Federal Govt. and DNata.” Said Mr Samuel Biggins.

ed127014-8f9e-40bc-ba5d-e2f5cdf2a2dc.jpeg