Brisbane based syndicator, NATGEN Group has acquired a prominent retail convenience centre anchored by an IGA Supermarket in Brisbane’s western growth corridor.Rededge Shopping Centre Goodna features 8 specialty tenancies incorporating a mix of complementary uses including a medical centre, pharmacy, bottle shop and a bakery cafe.The property was sold for $10.1 million in an off market transaction handled by Michael Harcourt and Jon Tyson of Savills National Retail Investments, reflecting a yield of approximately 6.0%.Set on a 5,702sq m corner site, the Centre benefits from high profile exposure and access to Queen Street, the area’s main arterial road.Michael Harcourtsaid “The sale of the Rededge Shopping Centre Goodna continues the strong run of convenience shopping centre sales in the suburban Brisbane market.”Jon Tysonsaid “Convenience-based centres with non-discretionary retail and medical tenancies and high-profile locations are highly sought after in this buoyant retail investment market.”Steven Goakes, Managing Director of NATGEN Group said “the Centre represented an excellent opportunity to continue our acquisition strategy, focused on income risk mitigation through investment in consumer staples, medical services and food-based assets.”The sale of Rededge Shopping Centre Goodna is the latest of multiple convenience retail investment sales recently handled by Savills, who recently closed offers on Riverlakes Village south of Brisbane.Savills is also about to commence marketing campaigns for retail centres in Kenmore and Pottsville.Albert StreetPrevious ArticleNext Article
Rededge Shopping Centre Goodna features 8 specialty tenancies incorporating a mix of complementary uses including a medical centre, pharmacy, bottle shop and a bakery cafe.The property was sold for $10.1 million in an off market transaction handled by Michael Harcourt and Jon Tyson of Savills National Retail Investments, reflecting a yield of approximately 6.0%.Set on a 5,702sq m corner site, the Centre benefits from high profile exposure and access to Queen Street, the area’s main arterial road.Michael Harcourtsaid “The sale of the Rededge Shopping Centre Goodna continues the strong run of convenience shopping centre sales in the suburban Brisbane market.”Jon Tysonsaid “Convenience-based centres with non-discretionary retail and medical tenancies and high-profile locations are highly sought after in this buoyant retail investment market.”Steven Goakes, Managing Director of NATGEN Group said “the Centre represented an excellent opportunity to continue our acquisition strategy, focused on income risk mitigation through investment in consumer staples, medical services and food-based assets.”The sale of Rededge Shopping Centre Goodna is the latest of multiple convenience retail investment sales recently handled by Savills, who recently closed offers on Riverlakes Village south of Brisbane.Savills is also about to commence marketing campaigns for retail centres in Kenmore and Pottsville.Albert StreetPrevious ArticleNext Article
The property was sold for $10.1 million in an off market transaction handled by Michael Harcourt and Jon Tyson of Savills National Retail Investments, reflecting a yield of approximately 6.0%.Set on a 5,702sq m corner site, the Centre benefits from high profile exposure and access to Queen Street, the area’s main arterial road.Michael Harcourtsaid “The sale of the Rededge Shopping Centre Goodna continues the strong run of convenience shopping centre sales in the suburban Brisbane market.”Jon Tysonsaid “Convenience-based centres with non-discretionary retail and medical tenancies and high-profile locations are highly sought after in this buoyant retail investment market.”Steven Goakes, Managing Director of NATGEN Group said “the Centre represented an excellent opportunity to continue our acquisition strategy, focused on income risk mitigation through investment in consumer staples, medical services and food-based assets.”The sale of Rededge Shopping Centre Goodna is the latest of multiple convenience retail investment sales recently handled by Savills, who recently closed offers on Riverlakes Village south of Brisbane.Savills is also about to commence marketing campaigns for retail centres in Kenmore and Pottsville.Albert StreetPrevious ArticleNext Article
Set on a 5,702sq m corner site, the Centre benefits from high profile exposure and access to Queen Street, the area’s main arterial road.Michael Harcourtsaid “The sale of the Rededge Shopping Centre Goodna continues the strong run of convenience shopping centre sales in the suburban Brisbane market.”Jon Tysonsaid “Convenience-based centres with non-discretionary retail and medical tenancies and high-profile locations are highly sought after in this buoyant retail investment market.”Steven Goakes, Managing Director of NATGEN Group said “the Centre represented an excellent opportunity to continue our acquisition strategy, focused on income risk mitigation through investment in consumer staples, medical services and food-based assets.”The sale of Rededge Shopping Centre Goodna is the latest of multiple convenience retail investment sales recently handled by Savills, who recently closed offers on Riverlakes Village south of Brisbane.Savills is also about to commence marketing campaigns for retail centres in Kenmore and Pottsville.Albert StreetPrevious ArticleNext Article
Michael Harcourtsaid “The sale of the Rededge Shopping Centre Goodna continues the strong run of convenience shopping centre sales in the suburban Brisbane market.”Jon Tysonsaid “Convenience-based centres with non-discretionary retail and medical tenancies and high-profile locations are highly sought after in this buoyant retail investment market.”Steven Goakes, Managing Director of NATGEN Group said “the Centre represented an excellent opportunity to continue our acquisition strategy, focused on income risk mitigation through investment in consumer staples, medical services and food-based assets.”The sale of Rededge Shopping Centre Goodna is the latest of multiple convenience retail investment sales recently handled by Savills, who recently closed offers on Riverlakes Village south of Brisbane.Savills is also about to commence marketing campaigns for retail centres in Kenmore and Pottsville.Albert StreetPrevious ArticleNext Article
Jon Tysonsaid “Convenience-based centres with non-discretionary retail and medical tenancies and high-profile locations are highly sought after in this buoyant retail investment market.”Steven Goakes, Managing Director of NATGEN Group said “the Centre represented an excellent opportunity to continue our acquisition strategy, focused on income risk mitigation through investment in consumer staples, medical services and food-based assets.”The sale of Rededge Shopping Centre Goodna is the latest of multiple convenience retail investment sales recently handled by Savills, who recently closed offers on Riverlakes Village south of Brisbane.Savills is also about to commence marketing campaigns for retail centres in Kenmore and Pottsville.Albert StreetPrevious ArticleNext Article
Steven Goakes, Managing Director of NATGEN Group said “the Centre represented an excellent opportunity to continue our acquisition strategy, focused on income risk mitigation through investment in consumer staples, medical services and food-based assets.”The sale of Rededge Shopping Centre Goodna is the latest of multiple convenience retail investment sales recently handled by Savills, who recently closed offers on Riverlakes Village south of Brisbane.Savills is also about to commence marketing campaigns for retail centres in Kenmore and Pottsville.Albert StreetPrevious ArticleNext Article
The sale of Rededge Shopping Centre Goodna is the latest of multiple convenience retail investment sales recently handled by Savills, who recently closed offers on Riverlakes Village south of Brisbane.Savills is also about to commence marketing campaigns for retail centres in Kenmore and Pottsville.Albert StreetPrevious ArticleNext Article
Savills is also about to commence marketing campaigns for retail centres in Kenmore and Pottsville.Albert StreetPrevious ArticleNext Article
