Feature Image
By Raj Malhotra | 23 July 2024

Over 13 Million Sale Of Brand New Dockside Village Neighbourhood Shopping Centre

Highly anticipated Pelican Waters’ shopping village transacts before grand openingA local private Asian investor has snapped up a fully leased, brand new, 1,578sqm shopping centre anchored by IGA for $13,459,805 in a show of strong demand for essential service assets.Transacted through a targeted off-market process by Colliers Queensland agents Nick Wedge, Sam Polichronis, Harry Dever and Nick Dowling on behalf of Flux Property Group, Dockside Village is located at 1 The Basin, Pelican Waters.Dockside Village is the highly anticipated retail and lifestyle destination, next to the brand new Pelican Waters Marina, which has just opened its doors to the public with tenants including IGA Supermarket, Cellarbrations, and Sushi Ari.Colliers Queensland Investment Services Director Nick Wedge said Colliers conducted an off market process targeting 10 high net worth private investors.“We saw a high level of engagement, with the successful purchaser being a local private Asian investor who was looking for a defensive asset with future potential,” Nick Wedge said.“With 95 per cent of income from the asset anchored by National tenants and a 15-year lease with IGA with options until 2049 securing 80 per cent of the centre’s gross rental income, this was a solid investment.“The strength in this market is demonstrated with this asset transacting at a strong 5.66 per cent yield,” Nick Wedge added.Colliers Queensland Retail Middle Markets Associate Director Harry Dever noted “Dockside Village sets a new benchmark with the sharpest yield achieved for a QLD IGA anchored centre in the last 12 months and sharpest yield achieved for an IGA anchored centre on the Sunshine Coast for the last 24 months”.“Despite record-high debt costs, these tightly held neighbourhood centres continue to transact well below the cost of debt, highlighting the resilient nature of these non-discretionary-based assets,” Harry Dever said.“Private investors are increasingly adopting a long-term generational approach, particularly with new neighbourhood centres, those that characterise strong retail spending and population growth.”Colliers Sunshine Coast Managing Director Nick Dowling said the shopping centre was purpose built to service the growing catchment, located in the heart of the Pelican Waters 810ha master planned community.“This is the second off-market shopping centre transaction by Colliers within the past few weeks, with Nambour Central sold off-market to an interstate first time shopping centre investor in late June,” Nick Dowling said.“These transactions demonstrate significant investor demand for strong performing assets on the Sunshine Coast.“Featuring only three tenants, offering a minimal management proposition with 47 car park spaces and excellently positioned alongside the adjoining Pelican Waters Marina, it was a great offering,” Nick Dowling added.Colliers Queensland Investment Services Executive Sam Polichronis said this investment offered exceptional income security being 100 per cent leased with a long-combined WALE of 14.12 years by area.“Assets that offer essential services are more resilient to economic conditions, making them a less risky investment with a reliable income source and capital growth potential, making them a popular choice among investors,” Sam Polichronis said.“Pelican Waters median house price has risen 80 per cent since March 2019 from $750,000 to$1,350,00 in February 2024, this is a high growth area that will benefit greatly from this new essential service.”Pelican Waters is located within South East Queensland, situated approximately 20 kilometres south of the Sunshine Coast and 71 kilometres north of Brisbane.Pelican Waters VideoPrevious ArticleNext Article

A local private Asian investor has snapped up a fully leased, brand new, 1,578sqm shopping centre anchored by IGA for $13,459,805 in a show of strong demand for essential service assets.Transacted through a targeted off-market process by Colliers Queensland agents Nick Wedge, Sam Polichronis, Harry Dever and Nick Dowling on behalf of Flux Property Group, Dockside Village is located at 1 The Basin, Pelican Waters.Dockside Village is the highly anticipated retail and lifestyle destination, next to the brand new Pelican Waters Marina, which has just opened its doors to the public with tenants including IGA Supermarket, Cellarbrations, and Sushi Ari.Colliers Queensland Investment Services Director Nick Wedge said Colliers conducted an off market process targeting 10 high net worth private investors.“We saw a high level of engagement, with the successful purchaser being a local private Asian investor who was looking for a defensive asset with future potential,” Nick Wedge said.“With 95 per cent of income from the asset anchored by National tenants and a 15-year lease with IGA with options until 2049 securing 80 per cent of the centre’s gross rental income, this was a solid investment.“The strength in this market is demonstrated with this asset transacting at a strong 5.66 per cent yield,” Nick Wedge added.Colliers Queensland Retail Middle Markets Associate Director Harry Dever noted “Dockside Village sets a new benchmark with the sharpest yield achieved for a QLD IGA anchored centre in the last 12 months and sharpest yield achieved for an IGA anchored centre on the Sunshine Coast for the last 24 months”.“Despite record-high debt costs, these tightly held neighbourhood centres continue to transact well below the cost of debt, highlighting the resilient nature of these non-discretionary-based assets,” Harry Dever said.“Private investors are increasingly adopting a long-term generational approach, particularly with new neighbourhood centres, those that characterise strong retail spending and population growth.”Colliers Sunshine Coast Managing Director Nick Dowling said the shopping centre was purpose built to service the growing catchment, located in the heart of the Pelican Waters 810ha master planned community.“This is the second off-market shopping centre transaction by Colliers within the past few weeks, with Nambour Central sold off-market to an interstate first time shopping centre investor in late June,” Nick Dowling said.“These transactions demonstrate significant investor demand for strong performing assets on the Sunshine Coast.“Featuring only three tenants, offering a minimal management proposition with 47 car park spaces and excellently positioned alongside the adjoining Pelican Waters Marina, it was a great offering,” Nick Dowling added.Colliers Queensland Investment Services Executive Sam Polichronis said this investment offered exceptional income security being 100 per cent leased with a long-combined WALE of 14.12 years by area.“Assets that offer essential services are more resilient to economic conditions, making them a less risky investment with a reliable income source and capital growth potential, making them a popular choice among investors,” Sam Polichronis said.“Pelican Waters median house price has risen 80 per cent since March 2019 from $750,000 to$1,350,00 in February 2024, this is a high growth area that will benefit greatly from this new essential service.”Pelican Waters is located within South East Queensland, situated approximately 20 kilometres south of the Sunshine Coast and 71 kilometres north of Brisbane.Pelican Waters VideoPrevious ArticleNext Article

Transacted through a targeted off-market process by Colliers Queensland agents Nick Wedge, Sam Polichronis, Harry Dever and Nick Dowling on behalf of Flux Property Group, Dockside Village is located at 1 The Basin, Pelican Waters.Dockside Village is the highly anticipated retail and lifestyle destination, next to the brand new Pelican Waters Marina, which has just opened its doors to the public with tenants including IGA Supermarket, Cellarbrations, and Sushi Ari.Colliers Queensland Investment Services Director Nick Wedge said Colliers conducted an off market process targeting 10 high net worth private investors.“We saw a high level of engagement, with the successful purchaser being a local private Asian investor who was looking for a defensive asset with future potential,” Nick Wedge said.“With 95 per cent of income from the asset anchored by National tenants and a 15-year lease with IGA with options until 2049 securing 80 per cent of the centre’s gross rental income, this was a solid investment.“The strength in this market is demonstrated with this asset transacting at a strong 5.66 per cent yield,” Nick Wedge added.Colliers Queensland Retail Middle Markets Associate Director Harry Dever noted “Dockside Village sets a new benchmark with the sharpest yield achieved for a QLD IGA anchored centre in the last 12 months and sharpest yield achieved for an IGA anchored centre on the Sunshine Coast for the last 24 months”.“Despite record-high debt costs, these tightly held neighbourhood centres continue to transact well below the cost of debt, highlighting the resilient nature of these non-discretionary-based assets,” Harry Dever said.“Private investors are increasingly adopting a long-term generational approach, particularly with new neighbourhood centres, those that characterise strong retail spending and population growth.”Colliers Sunshine Coast Managing Director Nick Dowling said the shopping centre was purpose built to service the growing catchment, located in the heart of the Pelican Waters 810ha master planned community.“This is the second off-market shopping centre transaction by Colliers within the past few weeks, with Nambour Central sold off-market to an interstate first time shopping centre investor in late June,” Nick Dowling said.“These transactions demonstrate significant investor demand for strong performing assets on the Sunshine Coast.“Featuring only three tenants, offering a minimal management proposition with 47 car park spaces and excellently positioned alongside the adjoining Pelican Waters Marina, it was a great offering,” Nick Dowling added.Colliers Queensland Investment Services Executive Sam Polichronis said this investment offered exceptional income security being 100 per cent leased with a long-combined WALE of 14.12 years by area.“Assets that offer essential services are more resilient to economic conditions, making them a less risky investment with a reliable income source and capital growth potential, making them a popular choice among investors,” Sam Polichronis said.“Pelican Waters median house price has risen 80 per cent since March 2019 from $750,000 to$1,350,00 in February 2024, this is a high growth area that will benefit greatly from this new essential service.”Pelican Waters is located within South East Queensland, situated approximately 20 kilometres south of the Sunshine Coast and 71 kilometres north of Brisbane.Pelican Waters VideoPrevious ArticleNext Article

Dockside Village is the highly anticipated retail and lifestyle destination, next to the brand new Pelican Waters Marina, which has just opened its doors to the public with tenants including IGA Supermarket, Cellarbrations, and Sushi Ari.Colliers Queensland Investment Services Director Nick Wedge said Colliers conducted an off market process targeting 10 high net worth private investors.“We saw a high level of engagement, with the successful purchaser being a local private Asian investor who was looking for a defensive asset with future potential,” Nick Wedge said.“With 95 per cent of income from the asset anchored by National tenants and a 15-year lease with IGA with options until 2049 securing 80 per cent of the centre’s gross rental income, this was a solid investment.“The strength in this market is demonstrated with this asset transacting at a strong 5.66 per cent yield,” Nick Wedge added.Colliers Queensland Retail Middle Markets Associate Director Harry Dever noted “Dockside Village sets a new benchmark with the sharpest yield achieved for a QLD IGA anchored centre in the last 12 months and sharpest yield achieved for an IGA anchored centre on the Sunshine Coast for the last 24 months”.“Despite record-high debt costs, these tightly held neighbourhood centres continue to transact well below the cost of debt, highlighting the resilient nature of these non-discretionary-based assets,” Harry Dever said.“Private investors are increasingly adopting a long-term generational approach, particularly with new neighbourhood centres, those that characterise strong retail spending and population growth.”Colliers Sunshine Coast Managing Director Nick Dowling said the shopping centre was purpose built to service the growing catchment, located in the heart of the Pelican Waters 810ha master planned community.“This is the second off-market shopping centre transaction by Colliers within the past few weeks, with Nambour Central sold off-market to an interstate first time shopping centre investor in late June,” Nick Dowling said.“These transactions demonstrate significant investor demand for strong performing assets on the Sunshine Coast.“Featuring only three tenants, offering a minimal management proposition with 47 car park spaces and excellently positioned alongside the adjoining Pelican Waters Marina, it was a great offering,” Nick Dowling added.Colliers Queensland Investment Services Executive Sam Polichronis said this investment offered exceptional income security being 100 per cent leased with a long-combined WALE of 14.12 years by area.“Assets that offer essential services are more resilient to economic conditions, making them a less risky investment with a reliable income source and capital growth potential, making them a popular choice among investors,” Sam Polichronis said.“Pelican Waters median house price has risen 80 per cent since March 2019 from $750,000 to$1,350,00 in February 2024, this is a high growth area that will benefit greatly from this new essential service.”Pelican Waters is located within South East Queensland, situated approximately 20 kilometres south of the Sunshine Coast and 71 kilometres north of Brisbane.Pelican Waters VideoPrevious ArticleNext Article

Colliers Queensland Investment Services Director Nick Wedge said Colliers conducted an off market process targeting 10 high net worth private investors.“We saw a high level of engagement, with the successful purchaser being a local private Asian investor who was looking for a defensive asset with future potential,” Nick Wedge said.“With 95 per cent of income from the asset anchored by National tenants and a 15-year lease with IGA with options until 2049 securing 80 per cent of the centre’s gross rental income, this was a solid investment.“The strength in this market is demonstrated with this asset transacting at a strong 5.66 per cent yield,” Nick Wedge added.Colliers Queensland Retail Middle Markets Associate Director Harry Dever noted “Dockside Village sets a new benchmark with the sharpest yield achieved for a QLD IGA anchored centre in the last 12 months and sharpest yield achieved for an IGA anchored centre on the Sunshine Coast for the last 24 months”.“Despite record-high debt costs, these tightly held neighbourhood centres continue to transact well below the cost of debt, highlighting the resilient nature of these non-discretionary-based assets,” Harry Dever said.“Private investors are increasingly adopting a long-term generational approach, particularly with new neighbourhood centres, those that characterise strong retail spending and population growth.”Colliers Sunshine Coast Managing Director Nick Dowling said the shopping centre was purpose built to service the growing catchment, located in the heart of the Pelican Waters 810ha master planned community.“This is the second off-market shopping centre transaction by Colliers within the past few weeks, with Nambour Central sold off-market to an interstate first time shopping centre investor in late June,” Nick Dowling said.“These transactions demonstrate significant investor demand for strong performing assets on the Sunshine Coast.“Featuring only three tenants, offering a minimal management proposition with 47 car park spaces and excellently positioned alongside the adjoining Pelican Waters Marina, it was a great offering,” Nick Dowling added.Colliers Queensland Investment Services Executive Sam Polichronis said this investment offered exceptional income security being 100 per cent leased with a long-combined WALE of 14.12 years by area.“Assets that offer essential services are more resilient to economic conditions, making them a less risky investment with a reliable income source and capital growth potential, making them a popular choice among investors,” Sam Polichronis said.“Pelican Waters median house price has risen 80 per cent since March 2019 from $750,000 to$1,350,00 in February 2024, this is a high growth area that will benefit greatly from this new essential service.”Pelican Waters is located within South East Queensland, situated approximately 20 kilometres south of the Sunshine Coast and 71 kilometres north of Brisbane.Pelican Waters VideoPrevious ArticleNext Article

“We saw a high level of engagement, with the successful purchaser being a local private Asian investor who was looking for a defensive asset with future potential,” Nick Wedge said.“With 95 per cent of income from the asset anchored by National tenants and a 15-year lease with IGA with options until 2049 securing 80 per cent of the centre’s gross rental income, this was a solid investment.“The strength in this market is demonstrated with this asset transacting at a strong 5.66 per cent yield,” Nick Wedge added.Colliers Queensland Retail Middle Markets Associate Director Harry Dever noted “Dockside Village sets a new benchmark with the sharpest yield achieved for a QLD IGA anchored centre in the last 12 months and sharpest yield achieved for an IGA anchored centre on the Sunshine Coast for the last 24 months”.“Despite record-high debt costs, these tightly held neighbourhood centres continue to transact well below the cost of debt, highlighting the resilient nature of these non-discretionary-based assets,” Harry Dever said.“Private investors are increasingly adopting a long-term generational approach, particularly with new neighbourhood centres, those that characterise strong retail spending and population growth.”Colliers Sunshine Coast Managing Director Nick Dowling said the shopping centre was purpose built to service the growing catchment, located in the heart of the Pelican Waters 810ha master planned community.“This is the second off-market shopping centre transaction by Colliers within the past few weeks, with Nambour Central sold off-market to an interstate first time shopping centre investor in late June,” Nick Dowling said.“These transactions demonstrate significant investor demand for strong performing assets on the Sunshine Coast.“Featuring only three tenants, offering a minimal management proposition with 47 car park spaces and excellently positioned alongside the adjoining Pelican Waters Marina, it was a great offering,” Nick Dowling added.Colliers Queensland Investment Services Executive Sam Polichronis said this investment offered exceptional income security being 100 per cent leased with a long-combined WALE of 14.12 years by area.“Assets that offer essential services are more resilient to economic conditions, making them a less risky investment with a reliable income source and capital growth potential, making them a popular choice among investors,” Sam Polichronis said.“Pelican Waters median house price has risen 80 per cent since March 2019 from $750,000 to$1,350,00 in February 2024, this is a high growth area that will benefit greatly from this new essential service.”Pelican Waters is located within South East Queensland, situated approximately 20 kilometres south of the Sunshine Coast and 71 kilometres north of Brisbane.Pelican Waters VideoPrevious ArticleNext Article

“With 95 per cent of income from the asset anchored by National tenants and a 15-year lease with IGA with options until 2049 securing 80 per cent of the centre’s gross rental income, this was a solid investment.“The strength in this market is demonstrated with this asset transacting at a strong 5.66 per cent yield,” Nick Wedge added.Colliers Queensland Retail Middle Markets Associate Director Harry Dever noted “Dockside Village sets a new benchmark with the sharpest yield achieved for a QLD IGA anchored centre in the last 12 months and sharpest yield achieved for an IGA anchored centre on the Sunshine Coast for the last 24 months”.“Despite record-high debt costs, these tightly held neighbourhood centres continue to transact well below the cost of debt, highlighting the resilient nature of these non-discretionary-based assets,” Harry Dever said.“Private investors are increasingly adopting a long-term generational approach, particularly with new neighbourhood centres, those that characterise strong retail spending and population growth.”Colliers Sunshine Coast Managing Director Nick Dowling said the shopping centre was purpose built to service the growing catchment, located in the heart of the Pelican Waters 810ha master planned community.“This is the second off-market shopping centre transaction by Colliers within the past few weeks, with Nambour Central sold off-market to an interstate first time shopping centre investor in late June,” Nick Dowling said.“These transactions demonstrate significant investor demand for strong performing assets on the Sunshine Coast.“Featuring only three tenants, offering a minimal management proposition with 47 car park spaces and excellently positioned alongside the adjoining Pelican Waters Marina, it was a great offering,” Nick Dowling added.Colliers Queensland Investment Services Executive Sam Polichronis said this investment offered exceptional income security being 100 per cent leased with a long-combined WALE of 14.12 years by area.“Assets that offer essential services are more resilient to economic conditions, making them a less risky investment with a reliable income source and capital growth potential, making them a popular choice among investors,” Sam Polichronis said.“Pelican Waters median house price has risen 80 per cent since March 2019 from $750,000 to$1,350,00 in February 2024, this is a high growth area that will benefit greatly from this new essential service.”Pelican Waters is located within South East Queensland, situated approximately 20 kilometres south of the Sunshine Coast and 71 kilometres north of Brisbane.Pelican Waters VideoPrevious ArticleNext Article

“The strength in this market is demonstrated with this asset transacting at a strong 5.66 per cent yield,” Nick Wedge added.Colliers Queensland Retail Middle Markets Associate Director Harry Dever noted “Dockside Village sets a new benchmark with the sharpest yield achieved for a QLD IGA anchored centre in the last 12 months and sharpest yield achieved for an IGA anchored centre on the Sunshine Coast for the last 24 months”.“Despite record-high debt costs, these tightly held neighbourhood centres continue to transact well below the cost of debt, highlighting the resilient nature of these non-discretionary-based assets,” Harry Dever said.“Private investors are increasingly adopting a long-term generational approach, particularly with new neighbourhood centres, those that characterise strong retail spending and population growth.”Colliers Sunshine Coast Managing Director Nick Dowling said the shopping centre was purpose built to service the growing catchment, located in the heart of the Pelican Waters 810ha master planned community.“This is the second off-market shopping centre transaction by Colliers within the past few weeks, with Nambour Central sold off-market to an interstate first time shopping centre investor in late June,” Nick Dowling said.“These transactions demonstrate significant investor demand for strong performing assets on the Sunshine Coast.“Featuring only three tenants, offering a minimal management proposition with 47 car park spaces and excellently positioned alongside the adjoining Pelican Waters Marina, it was a great offering,” Nick Dowling added.Colliers Queensland Investment Services Executive Sam Polichronis said this investment offered exceptional income security being 100 per cent leased with a long-combined WALE of 14.12 years by area.“Assets that offer essential services are more resilient to economic conditions, making them a less risky investment with a reliable income source and capital growth potential, making them a popular choice among investors,” Sam Polichronis said.“Pelican Waters median house price has risen 80 per cent since March 2019 from $750,000 to$1,350,00 in February 2024, this is a high growth area that will benefit greatly from this new essential service.”Pelican Waters is located within South East Queensland, situated approximately 20 kilometres south of the Sunshine Coast and 71 kilometres north of Brisbane.Pelican Waters VideoPrevious ArticleNext Article

Colliers Queensland Retail Middle Markets Associate Director Harry Dever noted “Dockside Village sets a new benchmark with the sharpest yield achieved for a QLD IGA anchored centre in the last 12 months and sharpest yield achieved for an IGA anchored centre on the Sunshine Coast for the last 24 months”.“Despite record-high debt costs, these tightly held neighbourhood centres continue to transact well below the cost of debt, highlighting the resilient nature of these non-discretionary-based assets,” Harry Dever said.“Private investors are increasingly adopting a long-term generational approach, particularly with new neighbourhood centres, those that characterise strong retail spending and population growth.”Colliers Sunshine Coast Managing Director Nick Dowling said the shopping centre was purpose built to service the growing catchment, located in the heart of the Pelican Waters 810ha master planned community.“This is the second off-market shopping centre transaction by Colliers within the past few weeks, with Nambour Central sold off-market to an interstate first time shopping centre investor in late June,” Nick Dowling said.“These transactions demonstrate significant investor demand for strong performing assets on the Sunshine Coast.“Featuring only three tenants, offering a minimal management proposition with 47 car park spaces and excellently positioned alongside the adjoining Pelican Waters Marina, it was a great offering,” Nick Dowling added.Colliers Queensland Investment Services Executive Sam Polichronis said this investment offered exceptional income security being 100 per cent leased with a long-combined WALE of 14.12 years by area.“Assets that offer essential services are more resilient to economic conditions, making them a less risky investment with a reliable income source and capital growth potential, making them a popular choice among investors,” Sam Polichronis said.“Pelican Waters median house price has risen 80 per cent since March 2019 from $750,000 to$1,350,00 in February 2024, this is a high growth area that will benefit greatly from this new essential service.”Pelican Waters is located within South East Queensland, situated approximately 20 kilometres south of the Sunshine Coast and 71 kilometres north of Brisbane.Pelican Waters VideoPrevious ArticleNext Article

“Despite record-high debt costs, these tightly held neighbourhood centres continue to transact well below the cost of debt, highlighting the resilient nature of these non-discretionary-based assets,” Harry Dever said.“Private investors are increasingly adopting a long-term generational approach, particularly with new neighbourhood centres, those that characterise strong retail spending and population growth.”Colliers Sunshine Coast Managing Director Nick Dowling said the shopping centre was purpose built to service the growing catchment, located in the heart of the Pelican Waters 810ha master planned community.“This is the second off-market shopping centre transaction by Colliers within the past few weeks, with Nambour Central sold off-market to an interstate first time shopping centre investor in late June,” Nick Dowling said.“These transactions demonstrate significant investor demand for strong performing assets on the Sunshine Coast.“Featuring only three tenants, offering a minimal management proposition with 47 car park spaces and excellently positioned alongside the adjoining Pelican Waters Marina, it was a great offering,” Nick Dowling added.Colliers Queensland Investment Services Executive Sam Polichronis said this investment offered exceptional income security being 100 per cent leased with a long-combined WALE of 14.12 years by area.“Assets that offer essential services are more resilient to economic conditions, making them a less risky investment with a reliable income source and capital growth potential, making them a popular choice among investors,” Sam Polichronis said.“Pelican Waters median house price has risen 80 per cent since March 2019 from $750,000 to$1,350,00 in February 2024, this is a high growth area that will benefit greatly from this new essential service.”Pelican Waters is located within South East Queensland, situated approximately 20 kilometres south of the Sunshine Coast and 71 kilometres north of Brisbane.Pelican Waters VideoPrevious ArticleNext Article

“Private investors are increasingly adopting a long-term generational approach, particularly with new neighbourhood centres, those that characterise strong retail spending and population growth.”Colliers Sunshine Coast Managing Director Nick Dowling said the shopping centre was purpose built to service the growing catchment, located in the heart of the Pelican Waters 810ha master planned community.“This is the second off-market shopping centre transaction by Colliers within the past few weeks, with Nambour Central sold off-market to an interstate first time shopping centre investor in late June,” Nick Dowling said.“These transactions demonstrate significant investor demand for strong performing assets on the Sunshine Coast.“Featuring only three tenants, offering a minimal management proposition with 47 car park spaces and excellently positioned alongside the adjoining Pelican Waters Marina, it was a great offering,” Nick Dowling added.Colliers Queensland Investment Services Executive Sam Polichronis said this investment offered exceptional income security being 100 per cent leased with a long-combined WALE of 14.12 years by area.“Assets that offer essential services are more resilient to economic conditions, making them a less risky investment with a reliable income source and capital growth potential, making them a popular choice among investors,” Sam Polichronis said.“Pelican Waters median house price has risen 80 per cent since March 2019 from $750,000 to$1,350,00 in February 2024, this is a high growth area that will benefit greatly from this new essential service.”Pelican Waters is located within South East Queensland, situated approximately 20 kilometres south of the Sunshine Coast and 71 kilometres north of Brisbane.Pelican Waters VideoPrevious ArticleNext Article

Colliers Sunshine Coast Managing Director Nick Dowling said the shopping centre was purpose built to service the growing catchment, located in the heart of the Pelican Waters 810ha master planned community.“This is the second off-market shopping centre transaction by Colliers within the past few weeks, with Nambour Central sold off-market to an interstate first time shopping centre investor in late June,” Nick Dowling said.“These transactions demonstrate significant investor demand for strong performing assets on the Sunshine Coast.“Featuring only three tenants, offering a minimal management proposition with 47 car park spaces and excellently positioned alongside the adjoining Pelican Waters Marina, it was a great offering,” Nick Dowling added.Colliers Queensland Investment Services Executive Sam Polichronis said this investment offered exceptional income security being 100 per cent leased with a long-combined WALE of 14.12 years by area.“Assets that offer essential services are more resilient to economic conditions, making them a less risky investment with a reliable income source and capital growth potential, making them a popular choice among investors,” Sam Polichronis said.“Pelican Waters median house price has risen 80 per cent since March 2019 from $750,000 to$1,350,00 in February 2024, this is a high growth area that will benefit greatly from this new essential service.”Pelican Waters is located within South East Queensland, situated approximately 20 kilometres south of the Sunshine Coast and 71 kilometres north of Brisbane.Pelican Waters VideoPrevious ArticleNext Article

“This is the second off-market shopping centre transaction by Colliers within the past few weeks, with Nambour Central sold off-market to an interstate first time shopping centre investor in late June,” Nick Dowling said.“These transactions demonstrate significant investor demand for strong performing assets on the Sunshine Coast.“Featuring only three tenants, offering a minimal management proposition with 47 car park spaces and excellently positioned alongside the adjoining Pelican Waters Marina, it was a great offering,” Nick Dowling added.Colliers Queensland Investment Services Executive Sam Polichronis said this investment offered exceptional income security being 100 per cent leased with a long-combined WALE of 14.12 years by area.“Assets that offer essential services are more resilient to economic conditions, making them a less risky investment with a reliable income source and capital growth potential, making them a popular choice among investors,” Sam Polichronis said.“Pelican Waters median house price has risen 80 per cent since March 2019 from $750,000 to$1,350,00 in February 2024, this is a high growth area that will benefit greatly from this new essential service.”Pelican Waters is located within South East Queensland, situated approximately 20 kilometres south of the Sunshine Coast and 71 kilometres north of Brisbane.Pelican Waters VideoPrevious ArticleNext Article

“These transactions demonstrate significant investor demand for strong performing assets on the Sunshine Coast.“Featuring only three tenants, offering a minimal management proposition with 47 car park spaces and excellently positioned alongside the adjoining Pelican Waters Marina, it was a great offering,” Nick Dowling added.Colliers Queensland Investment Services Executive Sam Polichronis said this investment offered exceptional income security being 100 per cent leased with a long-combined WALE of 14.12 years by area.“Assets that offer essential services are more resilient to economic conditions, making them a less risky investment with a reliable income source and capital growth potential, making them a popular choice among investors,” Sam Polichronis said.“Pelican Waters median house price has risen 80 per cent since March 2019 from $750,000 to$1,350,00 in February 2024, this is a high growth area that will benefit greatly from this new essential service.”Pelican Waters is located within South East Queensland, situated approximately 20 kilometres south of the Sunshine Coast and 71 kilometres north of Brisbane.Pelican Waters VideoPrevious ArticleNext Article

“Featuring only three tenants, offering a minimal management proposition with 47 car park spaces and excellently positioned alongside the adjoining Pelican Waters Marina, it was a great offering,” Nick Dowling added.Colliers Queensland Investment Services Executive Sam Polichronis said this investment offered exceptional income security being 100 per cent leased with a long-combined WALE of 14.12 years by area.“Assets that offer essential services are more resilient to economic conditions, making them a less risky investment with a reliable income source and capital growth potential, making them a popular choice among investors,” Sam Polichronis said.“Pelican Waters median house price has risen 80 per cent since March 2019 from $750,000 to$1,350,00 in February 2024, this is a high growth area that will benefit greatly from this new essential service.”Pelican Waters is located within South East Queensland, situated approximately 20 kilometres south of the Sunshine Coast and 71 kilometres north of Brisbane.Pelican Waters VideoPrevious ArticleNext Article

Colliers Queensland Investment Services Executive Sam Polichronis said this investment offered exceptional income security being 100 per cent leased with a long-combined WALE of 14.12 years by area.“Assets that offer essential services are more resilient to economic conditions, making them a less risky investment with a reliable income source and capital growth potential, making them a popular choice among investors,” Sam Polichronis said.“Pelican Waters median house price has risen 80 per cent since March 2019 from $750,000 to$1,350,00 in February 2024, this is a high growth area that will benefit greatly from this new essential service.”Pelican Waters is located within South East Queensland, situated approximately 20 kilometres south of the Sunshine Coast and 71 kilometres north of Brisbane.Pelican Waters VideoPrevious ArticleNext Article

“Assets that offer essential services are more resilient to economic conditions, making them a less risky investment with a reliable income source and capital growth potential, making them a popular choice among investors,” Sam Polichronis said.“Pelican Waters median house price has risen 80 per cent since March 2019 from $750,000 to$1,350,00 in February 2024, this is a high growth area that will benefit greatly from this new essential service.”Pelican Waters is located within South East Queensland, situated approximately 20 kilometres south of the Sunshine Coast and 71 kilometres north of Brisbane.Pelican Waters VideoPrevious ArticleNext Article

“Pelican Waters median house price has risen 80 per cent since March 2019 from $750,000 to$1,350,00 in February 2024, this is a high growth area that will benefit greatly from this new essential service.”Pelican Waters is located within South East Queensland, situated approximately 20 kilometres south of the Sunshine Coast and 71 kilometres north of Brisbane.Pelican Waters VideoPrevious ArticleNext Article

$1,350,00 in February 2024, this is a high growth area that will benefit greatly from this new essential service.”Pelican Waters is located within South East Queensland, situated approximately 20 kilometres south of the Sunshine Coast and 71 kilometres north of Brisbane.Pelican Waters VideoPrevious ArticleNext Article

Pelican Waters is located within South East Queensland, situated approximately 20 kilometres south of the Sunshine Coast and 71 kilometres north of Brisbane.Pelican Waters VideoPrevious ArticleNext Article

Pelican Waters VideoPrevious ArticleNext Article


Raj Malhotra

About the Author: Raj Malhotra

Raj dissects consumer movement, strip mall evolution, and experiential retail. A passionate street food critic, he blends satellite tracking with cultural cues to forecast retail hotspots.