Brand new Gold Coast shopping centre for sale in one of the fastest growing precincts. Robina Central for sale through Burgess Rawson’s Yosh Mendis, Zomart He, Beau Coulter and Andrew Havig, the trophy asset is expected to attract a sale price of more than $32 million.
Exclusively situated in one of the Gold Coast’s fastest growing precincts, Robina Central is a brand new premier asset offering an unprecedented investment opportunity.
Listed for sale through Burgess Rawson’s Yosh Mendis, Zomart He, Beau Coulter and Andrew Havig, the trophy asset is expected to attract a sale price of more than $32 million.
The innovative project was a joint venture between two highly regarded local developers, Nic De Luca's, De Luca Corporation, who was also the builder, and Glen Wright’s, Wright Private Capital and was completed in early 2023.
As an award winning builder and developer, De Luca is a market leader with over 29 years’ experience specialising in major retail, commercial, industrial and residential development and construction projects, and creating places that people are proud to live and work. Key projects are testament to their success with De Luca being a preferred contractor on many major projects for clients and end users including Bunnings (26 projects) ISPT, Frasers, Goodman, GPT, Fife Capital, Woolworths, Kmart and more.
Robina Central is a prime example of the quality of the De Luca projects with the complex setting a new benchmark.
Robina Central’s strategic gateway location, substantial depreciation benefits and the security of global, ASX listed and national essential services covenants, are the hallmarks of this unique investment.
Additionally, the property offers an astute investor with a long term future land bank opportunity with a 13,100sqm corner freehold exhibiting high underlying land value and future development potential with provisions for multi level developments and 40m building height (STCA).
Mr Mendis said the property is home to some of the most renowned and recognised blue-chip brands including the world’s second largest supermarket chain, ALDI, fast food giant, Guzman Y Gomez, ASX listed Ampol, globally popular Starbucks and high performing MedCentres, guaranteeing its success as a truly premier investment model.
The property is superbly located directory opposite Robina Town Centre which has over 400 retailers, and is also nearby Robina Private Hospital, Robina Train Station , Robina’s large format retail precinct and $770 million* of completed or future developments.
Robina Central features four standalone buildings with onsite parking for 127 cars and is accessed via both Robina Parkway and Laver Drive. The property offers a total net lettable area of 2,698sqm* of floor space on a substantial corner landholding of 13,100sqm.
Underpinned by a long 13 Year WALE, the property has a total net annual income of $1.7million with favourable annual rent increases providing exceptional rental growth.
Mr Mendis said while the property presents a strong performing, set-and-forget investment, it also offers an unsurpassable generational opportunity with potential for future high rise development alternatives.
“As Australia’s sixth largest city, the City of Gold Coast is currently home to over 633,000 individuals which is anticipated to surge to over 1,000,000 residents by 2050, an increase of over 58%,” Mr Havig said.
Mr Coulter added that the strong population growth coincides with billions of dollars being invested into the region including Gurner’s $1.75 billion four-tower apartment and hotel complex, the luxury $400 million Royal Gold Coast.
Mr He said, “Our Asian client base will be keenly interested in the property with their main focus being on the strong income, significant depreciation benefits and future long term development potential.”
Queensland based, Mr Havig said Robina is a booming area with its population forecast to grow 71% to 92,000 people, and will contribute the highest Gross Regional Production to the Gold Coast region by 2050. “As Australia’s sixth largest city, the City of Gold Coast is currently home to over 633,000 individuals which is anticipated to surge to over 1,000,000 residents by 2050, an increase of over 58%,” Mr Havig said.
Mr Coulter added that the strong population growth coincides with billions of dollars being invested into the region including Gurner’s $1.75 billion four-tower apartment and hotel complex, the luxury $400 million Royal Gold Coast apartment tower and the $200 million Mondrian Hotel and Residential Towers in Burleigh Heads. The government is also funding $2.16 billion for stage 1 of the Coomera Connector Road Project.
Burgess Rawson is selling Robina Central via an Expressions of Interest campaign closing at 4pm AEST on 9 August.
To request a copy of the Information Memorandum please contact one of the marketing agents Burgess Rawson’s Yosh Mendis, Zomart He, Beau Coulter and Andrew Havig via the contact details
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