2-12 North StreetLogan Village QLD 4207
Property Details for 2-12 North St, Logan Village
Last Listing description (February 2020)
WOOLWORTHS ANCHORED SHOPPING CENTRE IN EMERGING RESIDENTIAL CORRIDOR
CBRE Retail Investments are pleased to present Logan Village Shopping Centre for sale as a modern, fully leased neighbourhood shopping centre underpinned by a 2,794sqm* strong performing Woolworths Supermarket, complimented by 4 specialties with a focus on food and beverage and medical retailers. The centre is strategically located in the heart of one of south east Queenslands fastest growing residential corridors, only 41km* south of the Brisbane CBD and is prominently positioned along the main thoroughfare capturing passing traffic from all points of the compass.
The investment boasts a 13.19* WALE giving the incoming purchaser income security as well as having 88%* of the GLA anchored by Woolworths on a 20 year lease expiring 2035. Some of the key investment attributes include:
- Expansive 12,050sqm corner location with opportunity for future expansion of the centre with an additional 488m2 (subject to council)
- Strong residential growth within the trade area seeing 10% growth
- Highly convenient shopping centre with 215 car parks provided
- Exponential retail spending growth within the main trade area going from $227m to $520m by 2026 - representing an annual growth rate of over 12%
- New generation asset offering the incoming purchaser a tax effective income stream
- Fully leased net Income $926,187 per annum
Logan Village Shopping Centre is for sale via an International Expressions of Interest campaign closing Thursday 5 September 2019 at 5.00pm (AEST).
This property forms part of The Diverse Collection portfolio being sold exclusively through CBRE, please click through to our landing page to view all assets within the collection.
https://thediversecollection.com.au/
*Approx
Property History for 2-12 North St, Logan Village, QLD 4207
- 12 Dec 2019Sold - Price Undisclosed
- 07 Aug 2019Listed for Sale Contact Agent
- 26 Feb 2015Listed for Sale Not Disclosed
Recent sales nearby
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0About Logan Village 4207
The size of Logan Village is approximately 39.5 square kilometres. There are 10 parks, covering nearly 4.4% of the total area. The population of Logan Village in 2016 was 4417 people. By 2021 the population was 5316 showing a population growth of 20.4% in the area during that time. The predominant age group in Logan Village is 10-19 years. Households in Logan Village are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Logan Village work in a trades occupation.In 2021, 85.80% of the homes in Logan Village were owner-occupied compared with 84.30% in 2016.
Logan Village has 2,482 properties. Over the last 5 years, Houses in Logan Village have seen a 84.68% increase in median value, while Units have seen a 52.20% increase. As at 31 July 2026:
- The median value for Houses in Logan Village is $1,318,220 while the median value for Units is $580,105.
- Houses have a median rent of $750.
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