RWC_Retail Wrap 2023_Digital

The Retail Wrap

Q2 2023

RWC Retail

Suburban Shopping Centres

Healthcare

Indooroopilly $13,400,00

Mount Pleasant $5,934,350

Fully Leased Yield: 5.69%

Fully Leased Yield: 7.00%

Hawthorne $5,800,000

Springwood $36,000,000

Marsden $3,472,325

Logan Central $12,190,000

Fully Leased Yield: 5.52%

Fully Leased Yield: 4.78%

Fully Leased Yield: 6.93%

Fully Leased Yield: 5.59%

3 Sales Highlights

3 Sales Highlights

ANCHOR/CENTRE

LOCATION

SALE PRICE

YIELD

SPECIALTIES

QUARTER

ANCHOR/CENTRE

LOCATION

SALE PRICE

YIELD

SPECIALTIES

QUARTER

Two Sixty Five

Hawthorne

$5,800,000

5.52%

6

Q1

Springwood Health Hub

Springwood

$36,000,000

4.78%

Q2

Taringa

$13,400,000

5.69%

14

Q2

Mount Pleasant

$5,934,350

7.00%

Q2

Gailey Fiveways

Willetts Road Medical Centre

Marsden

$3,472,325

6.93%

11

Q2

Logan Central

$12,190,000

5.59%

Q2

Macarthy Fair

IPN

Beachmere Plaza

Beachmere

$2,950,000

6.57%

7

Q2

East Brisbane Day Hospital

East Brisbane

$12,500,000

7.91%

Q2

Red Edge on James

South Toowoomba

$6,200,000

8.94%

13

Q2

ForHealth Medical & Dental Centre

Springfield

$6,490,000

5.72%

Q2

Forest Avenue Shopping Centre Townsville

$2,080,000

7.48%

11

Q2

NCACCH

Gympie

$1,150,000

6.27%

Q2

Giant Bikes

Mooloolaba

$4,350,000

5.00%

4

Q2

All About Physio

Nerang

$1,716,000

5.20%

Q2

Thams Court

Southport

$2,235,000

7.78%*

4

Q2

Graceville Fiveways Veterinary Surgery Graceville

$1,750,000

7.60%

Q2

Domino's

Yeppoon

$2,300,000

7.35%

8

Q2

Bertha Street Medical & Dental

Caboolture

$6,800,000

6.26%

Q1

Q Medical

Waterford West

$9,415,000

7.09%

13

Q1

Ekera Dental

Emerald

$1,360,000

7.48%

Q1

Red Rooster

Burleigh Waters

$9,900,000

5.50%

5

Q1

Kedron Medical Centre

Kedron

$7,540,000

7.25%

Q1

Spar

Holloways Beach

$3,500,000

7.34%

4

Q1

Mountain Creek Medical Centre

Buderim

$1,985,000

5.32%

Q1

CBA

Arana Hills

$6,360,000

6.72%

7

Q1

Whitsunday Doctor Services

Airlie Beach

$1,215,000

5.24%

Q1

Jetts

Maroochydore

$10,400,000

5.20%

4

Q4

Healius Group

Rockhampton

$4,000,000

6.00%

Q4

Coffee Club

Aspley

$8,187,887

5.53%

7

Q3

Ocean Family Medicine

$2,500,000

4.50%

Q4

Sippy Downs

Ashmore Pitstop

Ashmore

$11,800,000

5.81%

15

Q3

Vitality Village

Birtinya

$28,900,000

6.50%

Q4

Flagstone Retail Complex

Flagstone

$25,350,000

5.40%

16

Q3

QML

Birtinya

$2,440,000

5.70%

Q4

NAB

Bongaree

$7,200,000

5.76%

4

Q3

Highgate Hill Doctors

Highgate Hill

$2,600,000

6.14%

Q3

Please note not every property in the table was sold by Ray White.

Please note not every property in the table was sold by Ray White.

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