Huge demand from a wide range of sectors for site in tightly held catchmentA development site and former ALDI store in the tightly held area of Capalaba has sold to Sydney Tools for $6,500,000, achieving the sharpest sqm rate for a vacant Queensland supermarket on record.Transacted through an on-market campaign by the Colliers Queensland team of Harry Dever and Hunter Higgins on behalf of ALDI Australia, the expansive 4,266sqm site is located at 35-37 Mount Cotton Road, Capalaba.The campaign garnered extremely strong interest and generated over 140 enquiries, with 17 bids, 10 formal offers and over $83 million in value of unsatisfied capital. It engaged a wide range of developers, investors and owner occupiers across multiple sectors.Colliers Retail Middle Markets Associate Director Harry Dever said “The exceptionally strong depth of market competing for the Former ALDI Capalaba highlights the demand for investors, owner occupiers and developers looking for high-profile existing built-form structures, located in tightly held underserviced catchments”.“In today’s competitive development landscape, elevated construction costs and a limited pool of viable opportunities create significant barriers to entry. As a result, we’re witnessing a surge in demand from investors for de-risked existing facilities like the former ALDI at Capalaba,” Harry Dever added.Colliers Queensland Investment Services National Director Hunter Higgins said “The former ALDI supermarket, located 20 kilometres southeast of Brisbane CBD, was sold as a premier owner occupier/value-add opportunity”.“The strategic single level 1,266 sqm former supermarket building occupying a prime site in the heart of a tightly held corridor allowed for a wide array of repositioning and redevelopment opportunities,” Hunter Higgins said.“We saw a range of sectors interested in the site from healthcare, large format retail, office, storage,childcare and a tavern, but ultimately Sydney Tools snapped it up as an owner occupied site.“Rarely do investments like this come up for sale in this highly sought after area, which led to strong interest in the campaign.”“Selling for a gross lettable area rate of $5,134/m2 and land rate of $1523/m2 this was a great result forthe buyer and seller,” Hunter Higgins added.The centre is positioned at the intersection of major arterial Moreton Bay Road and Mount CottonRoad, located 20km southeast of Brisbane CBD and 70km north of the Gold Coast.Previous ArticleNext Article
A development site and former ALDI store in the tightly held area of Capalaba has sold to Sydney Tools for $6,500,000, achieving the sharpest sqm rate for a vacant Queensland supermarket on record.Transacted through an on-market campaign by the Colliers Queensland team of Harry Dever and Hunter Higgins on behalf of ALDI Australia, the expansive 4,266sqm site is located at 35-37 Mount Cotton Road, Capalaba.The campaign garnered extremely strong interest and generated over 140 enquiries, with 17 bids, 10 formal offers and over $83 million in value of unsatisfied capital. It engaged a wide range of developers, investors and owner occupiers across multiple sectors.Colliers Retail Middle Markets Associate Director Harry Dever said “The exceptionally strong depth of market competing for the Former ALDI Capalaba highlights the demand for investors, owner occupiers and developers looking for high-profile existing built-form structures, located in tightly held underserviced catchments”.“In today’s competitive development landscape, elevated construction costs and a limited pool of viable opportunities create significant barriers to entry. As a result, we’re witnessing a surge in demand from investors for de-risked existing facilities like the former ALDI at Capalaba,” Harry Dever added.Colliers Queensland Investment Services National Director Hunter Higgins said “The former ALDI supermarket, located 20 kilometres southeast of Brisbane CBD, was sold as a premier owner occupier/value-add opportunity”.“The strategic single level 1,266 sqm former supermarket building occupying a prime site in the heart of a tightly held corridor allowed for a wide array of repositioning and redevelopment opportunities,” Hunter Higgins said.“We saw a range of sectors interested in the site from healthcare, large format retail, office, storage,childcare and a tavern, but ultimately Sydney Tools snapped it up as an owner occupied site.“Rarely do investments like this come up for sale in this highly sought after area, which led to strong interest in the campaign.”“Selling for a gross lettable area rate of $5,134/m2 and land rate of $1523/m2 this was a great result forthe buyer and seller,” Hunter Higgins added.The centre is positioned at the intersection of major arterial Moreton Bay Road and Mount CottonRoad, located 20km southeast of Brisbane CBD and 70km north of the Gold Coast.Previous ArticleNext Article
A development site and former ALDI store in the tightly held area of Capalaba has sold to Sydney Tools for $6,500,000, achieving the sharpest sqm rate for a vacant Queensland supermarket on record.Transacted through an on-market campaign by the Colliers Queensland team of Harry Dever and Hunter Higgins on behalf of ALDI Australia, the expansive 4,266sqm site is located at 35-37 Mount Cotton Road, Capalaba.The campaign garnered extremely strong interest and generated over 140 enquiries, with 17 bids, 10 formal offers and over $83 million in value of unsatisfied capital. It engaged a wide range of developers, investors and owner occupiers across multiple sectors.Colliers Retail Middle Markets Associate Director Harry Dever said “The exceptionally strong depth of market competing for the Former ALDI Capalaba highlights the demand for investors, owner occupiers and developers looking for high-profile existing built-form structures, located in tightly held underserviced catchments”.“In today’s competitive development landscape, elevated construction costs and a limited pool of viable opportunities create significant barriers to entry. As a result, we’re witnessing a surge in demand from investors for de-risked existing facilities like the former ALDI at Capalaba,” Harry Dever added.Colliers Queensland Investment Services National Director Hunter Higgins said “The former ALDI supermarket, located 20 kilometres southeast of Brisbane CBD, was sold as a premier owner occupier/value-add opportunity”.“The strategic single level 1,266 sqm former supermarket building occupying a prime site in the heart of a tightly held corridor allowed for a wide array of repositioning and redevelopment opportunities,” Hunter Higgins said.“We saw a range of sectors interested in the site from healthcare, large format retail, office, storage,childcare and a tavern, but ultimately Sydney Tools snapped it up as an owner occupied site.“Rarely do investments like this come up for sale in this highly sought after area, which led to strong interest in the campaign.”“Selling for a gross lettable area rate of $5,134/m2 and land rate of $1523/m2 this was a great result forthe buyer and seller,” Hunter Higgins added.The centre is positioned at the intersection of major arterial Moreton Bay Road and Mount CottonRoad, located 20km southeast of Brisbane CBD and 70km north of the Gold Coast.Previous ArticleNext Article
Transacted through an on-market campaign by the Colliers Queensland team of Harry Dever and Hunter Higgins on behalf of ALDI Australia, the expansive 4,266sqm site is located at 35-37 Mount Cotton Road, Capalaba.The campaign garnered extremely strong interest and generated over 140 enquiries, with 17 bids, 10 formal offers and over $83 million in value of unsatisfied capital. It engaged a wide range of developers, investors and owner occupiers across multiple sectors.Colliers Retail Middle Markets Associate Director Harry Dever said “The exceptionally strong depth of market competing for the Former ALDI Capalaba highlights the demand for investors, owner occupiers and developers looking for high-profile existing built-form structures, located in tightly held underserviced catchments”.“In today’s competitive development landscape, elevated construction costs and a limited pool of viable opportunities create significant barriers to entry. As a result, we’re witnessing a surge in demand from investors for de-risked existing facilities like the former ALDI at Capalaba,” Harry Dever added.Colliers Queensland Investment Services National Director Hunter Higgins said “The former ALDI supermarket, located 20 kilometres southeast of Brisbane CBD, was sold as a premier owner occupier/value-add opportunity”.“The strategic single level 1,266 sqm former supermarket building occupying a prime site in the heart of a tightly held corridor allowed for a wide array of repositioning and redevelopment opportunities,” Hunter Higgins said.“We saw a range of sectors interested in the site from healthcare, large format retail, office, storage,childcare and a tavern, but ultimately Sydney Tools snapped it up as an owner occupied site.“Rarely do investments like this come up for sale in this highly sought after area, which led to strong interest in the campaign.”“Selling for a gross lettable area rate of $5,134/m2 and land rate of $1523/m2 this was a great result forthe buyer and seller,” Hunter Higgins added.The centre is positioned at the intersection of major arterial Moreton Bay Road and Mount CottonRoad, located 20km southeast of Brisbane CBD and 70km north of the Gold Coast.Previous ArticleNext Article
The campaign garnered extremely strong interest and generated over 140 enquiries, with 17 bids, 10 formal offers and over $83 million in value of unsatisfied capital. It engaged a wide range of developers, investors and owner occupiers across multiple sectors.Colliers Retail Middle Markets Associate Director Harry Dever said “The exceptionally strong depth of market competing for the Former ALDI Capalaba highlights the demand for investors, owner occupiers and developers looking for high-profile existing built-form structures, located in tightly held underserviced catchments”.“In today’s competitive development landscape, elevated construction costs and a limited pool of viable opportunities create significant barriers to entry. As a result, we’re witnessing a surge in demand from investors for de-risked existing facilities like the former ALDI at Capalaba,” Harry Dever added.Colliers Queensland Investment Services National Director Hunter Higgins said “The former ALDI supermarket, located 20 kilometres southeast of Brisbane CBD, was sold as a premier owner occupier/value-add opportunity”.“The strategic single level 1,266 sqm former supermarket building occupying a prime site in the heart of a tightly held corridor allowed for a wide array of repositioning and redevelopment opportunities,” Hunter Higgins said.“We saw a range of sectors interested in the site from healthcare, large format retail, office, storage,childcare and a tavern, but ultimately Sydney Tools snapped it up as an owner occupied site.“Rarely do investments like this come up for sale in this highly sought after area, which led to strong interest in the campaign.”“Selling for a gross lettable area rate of $5,134/m2 and land rate of $1523/m2 this was a great result forthe buyer and seller,” Hunter Higgins added.The centre is positioned at the intersection of major arterial Moreton Bay Road and Mount CottonRoad, located 20km southeast of Brisbane CBD and 70km north of the Gold Coast.Previous ArticleNext Article
Colliers Retail Middle Markets Associate Director Harry Dever said “The exceptionally strong depth of market competing for the Former ALDI Capalaba highlights the demand for investors, owner occupiers and developers looking for high-profile existing built-form structures, located in tightly held underserviced catchments”.“In today’s competitive development landscape, elevated construction costs and a limited pool of viable opportunities create significant barriers to entry. As a result, we’re witnessing a surge in demand from investors for de-risked existing facilities like the former ALDI at Capalaba,” Harry Dever added.Colliers Queensland Investment Services National Director Hunter Higgins said “The former ALDI supermarket, located 20 kilometres southeast of Brisbane CBD, was sold as a premier owner occupier/value-add opportunity”.“The strategic single level 1,266 sqm former supermarket building occupying a prime site in the heart of a tightly held corridor allowed for a wide array of repositioning and redevelopment opportunities,” Hunter Higgins said.“We saw a range of sectors interested in the site from healthcare, large format retail, office, storage,childcare and a tavern, but ultimately Sydney Tools snapped it up as an owner occupied site.“Rarely do investments like this come up for sale in this highly sought after area, which led to strong interest in the campaign.”“Selling for a gross lettable area rate of $5,134/m2 and land rate of $1523/m2 this was a great result forthe buyer and seller,” Hunter Higgins added.The centre is positioned at the intersection of major arterial Moreton Bay Road and Mount CottonRoad, located 20km southeast of Brisbane CBD and 70km north of the Gold Coast.Previous ArticleNext Article
“In today’s competitive development landscape, elevated construction costs and a limited pool of viable opportunities create significant barriers to entry. As a result, we’re witnessing a surge in demand from investors for de-risked existing facilities like the former ALDI at Capalaba,” Harry Dever added.Colliers Queensland Investment Services National Director Hunter Higgins said “The former ALDI supermarket, located 20 kilometres southeast of Brisbane CBD, was sold as a premier owner occupier/value-add opportunity”.“The strategic single level 1,266 sqm former supermarket building occupying a prime site in the heart of a tightly held corridor allowed for a wide array of repositioning and redevelopment opportunities,” Hunter Higgins said.“We saw a range of sectors interested in the site from healthcare, large format retail, office, storage,childcare and a tavern, but ultimately Sydney Tools snapped it up as an owner occupied site.“Rarely do investments like this come up for sale in this highly sought after area, which led to strong interest in the campaign.”“Selling for a gross lettable area rate of $5,134/m2 and land rate of $1523/m2 this was a great result forthe buyer and seller,” Hunter Higgins added.The centre is positioned at the intersection of major arterial Moreton Bay Road and Mount CottonRoad, located 20km southeast of Brisbane CBD and 70km north of the Gold Coast.Previous ArticleNext Article
Colliers Queensland Investment Services National Director Hunter Higgins said “The former ALDI supermarket, located 20 kilometres southeast of Brisbane CBD, was sold as a premier owner occupier/value-add opportunity”.“The strategic single level 1,266 sqm former supermarket building occupying a prime site in the heart of a tightly held corridor allowed for a wide array of repositioning and redevelopment opportunities,” Hunter Higgins said.“We saw a range of sectors interested in the site from healthcare, large format retail, office, storage,childcare and a tavern, but ultimately Sydney Tools snapped it up as an owner occupied site.“Rarely do investments like this come up for sale in this highly sought after area, which led to strong interest in the campaign.”“Selling for a gross lettable area rate of $5,134/m2 and land rate of $1523/m2 this was a great result forthe buyer and seller,” Hunter Higgins added.The centre is positioned at the intersection of major arterial Moreton Bay Road and Mount CottonRoad, located 20km southeast of Brisbane CBD and 70km north of the Gold Coast.Previous ArticleNext Article
“The strategic single level 1,266 sqm former supermarket building occupying a prime site in the heart of a tightly held corridor allowed for a wide array of repositioning and redevelopment opportunities,” Hunter Higgins said.“We saw a range of sectors interested in the site from healthcare, large format retail, office, storage,childcare and a tavern, but ultimately Sydney Tools snapped it up as an owner occupied site.“Rarely do investments like this come up for sale in this highly sought after area, which led to strong interest in the campaign.”“Selling for a gross lettable area rate of $5,134/m2 and land rate of $1523/m2 this was a great result forthe buyer and seller,” Hunter Higgins added.The centre is positioned at the intersection of major arterial Moreton Bay Road and Mount CottonRoad, located 20km southeast of Brisbane CBD and 70km north of the Gold Coast.Previous ArticleNext Article
“We saw a range of sectors interested in the site from healthcare, large format retail, office, storage,childcare and a tavern, but ultimately Sydney Tools snapped it up as an owner occupied site.“Rarely do investments like this come up for sale in this highly sought after area, which led to strong interest in the campaign.”“Selling for a gross lettable area rate of $5,134/m2 and land rate of $1523/m2 this was a great result forthe buyer and seller,” Hunter Higgins added.The centre is positioned at the intersection of major arterial Moreton Bay Road and Mount CottonRoad, located 20km southeast of Brisbane CBD and 70km north of the Gold Coast.Previous ArticleNext Article
childcare and a tavern, but ultimately Sydney Tools snapped it up as an owner occupied site.“Rarely do investments like this come up for sale in this highly sought after area, which led to strong interest in the campaign.”“Selling for a gross lettable area rate of $5,134/m2 and land rate of $1523/m2 this was a great result forthe buyer and seller,” Hunter Higgins added.The centre is positioned at the intersection of major arterial Moreton Bay Road and Mount CottonRoad, located 20km southeast of Brisbane CBD and 70km north of the Gold Coast.Previous ArticleNext Article
“Rarely do investments like this come up for sale in this highly sought after area, which led to strong interest in the campaign.”“Selling for a gross lettable area rate of $5,134/m2 and land rate of $1523/m2 this was a great result forthe buyer and seller,” Hunter Higgins added.The centre is positioned at the intersection of major arterial Moreton Bay Road and Mount CottonRoad, located 20km southeast of Brisbane CBD and 70km north of the Gold Coast.Previous ArticleNext Article
“Selling for a gross lettable area rate of $5,134/m2 and land rate of $1523/m2 this was a great result forthe buyer and seller,” Hunter Higgins added.The centre is positioned at the intersection of major arterial Moreton Bay Road and Mount CottonRoad, located 20km southeast of Brisbane CBD and 70km north of the Gold Coast.Previous ArticleNext Article
