Savills marketing Inner West Brisbane development site offered with Coles pre-lease

Savills marketing Inner West Brisbane development site offered with Coles pre-lease
Staff reporterSeptember 30, 2019

A prime Taringa development site in Brisbane's Inner West has been offered to the market 100% preleased to Coles.

The purchasor will obtain the development approvals and construct the development.

Savills National Retail Investments Jon and Peter Tyson are marketing the 5,306 sqm site.

Situated at 216-224 Moggill Road, the site is for sale via an expressions of interest campaign closing October 31.

The Coles lease is for a period of 12 years plus options and includes the construction of a Liquorland.

Located 5.5 km from the Brisbane CBD, the GLA of the property will be 2,840 sqm (proposed).

The freestanding supermarket will be the most convenient in the area, according to the marketing material, with access to over 17.2 million cars annually.

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