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Deception Bay, QLD

Deception Bay, QLD
Deception Bay, QLD
$4,150,000 purchase price
6.2% net yield
Retail Shopping Village asset class
Off Market method of purchase
transaction overview

Costi Cohen has secured this convenience retail centre on behalf of a repeat client, continuing the strategic expansion of their portfolio into high-quality, income-producing assets.

Positioned on a 5,083sqm freehold corner site, the asset offers immediate value-add potential through a targeted leasing strategy. Comprising a supermarket, medical centre, bakery and complementary retail and service tenancies, the centre is underpinned by non-discretionary income with future development upside.

Located within the Moreton Bay region, the property services a rapidly expanding residential and working population, with the corridor forecast to nearly double by 2046.

Established, non-discretionary retail centres of this calibre within growth markets are tightly held and rarely available off market.

Nearby amenities

Within 5km
  • Rothwell Station
  • Market Square Deception Bay
  • North Lakes Day Hospital
  • IGA Local Grocer
Within 10km
  • Mango Hill Station
  • Kallangur Fair
  • Peninsula Private Hospital
  • Coles
Within 25km
  • Bray Park Station
  • Margate Village Shopping Centre
  • Pine Rivers Private Hospital
  • Australian Catholic University

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