TUGUN MARKET CO.
Completed
LOCATION
510 Golden Four Drive, Tugun, QLD 4224
PROJECT COMPLETED
Mid 2022
WORKS
Full refurbishment of the existing onsite supermarket. This triggered an increased trading floor.
The sitting tenant is well established and highly motivated to increase the performance of the this asset/location.
The asset possesses the potential to grow the NLA and also new income streams such as billboards, kiosks and much more.
The asset sits in a corridor that has been approved for major infrastructure upgrades both at local, state and federal levels.
The asset has a long history of low vacancy.
The asset sits on a large site ripe for redevelopment with excellent property fundamentals in terms of exposure, aspect, access and flat topography.
The asset has a huge 70m* frontage to the Gold Coast Highway, that sees in excess of 60,000 vehicles pass daily^.
ACQUISITION HIGHLIGHTS
-Past results not indicative future performance. *Approximately. ^Source: QLD Gov. – TMR, Pacific Motorway M1 Upgrade Program (online 16/08/21).
Tugun Market Co is a large format boutique independent supermarket which was completed mid 2022 in partnership with Griffith Group.