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KARALEE SHOPPING VILLAGE NOW LEASING OPENING APRIL 2019

KARALEE SHOPPING VILLAGE NOW LEASING - Domain€¦ · • The average age of main trade area residents is 35.9 years, younger than the Brisbane metropolitan benchmark of 36.8 years

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Page 1: KARALEE SHOPPING VILLAGE NOW LEASING - Domain€¦ · • The average age of main trade area residents is 35.9 years, younger than the Brisbane metropolitan benchmark of 36.8 years

KARALEE SHOPPING VILLAGE NOW LEASING

OPENING

APRIL 2019

Page 2: KARALEE SHOPPING VILLAGE NOW LEASING - Domain€¦ · • The average age of main trade area residents is 35.9 years, younger than the Brisbane metropolitan benchmark of 36.8 years

KARALEE SHOPPING VILLAGE IS EXPANDING!The expansion of Karalee Shopping Village is timely with the main trade area showing an annual population growth rate of 1.7% (higher than the Australian average of 1.4%) and is projected to grow from 14,700 in 2016 to some 19,200 persons by 2031.

HIGH PROFILE LOCATIONThe Centre boasts a high profile location on Junction Road in the suburb of Karalee in the Ipswich City Council area and just 40 kilometres south-west of the Brisbane CBD.

A number of residential developments are underway in the main trade area such as the Park Village and The Crossing Karalee estates. In addition, there are parcels of land identified for urban and rural residential development in the future.

REDEVELOPMENT OVERVIEWThe redeveloped centre will offer greater variety for local consumers and will include:

• A new full line Coles Supermarket – 3,750m².

• Additional specialty retailers – 1,530m².

• Additional 275 at-grade car spaces.

• Future expansion to include a Medical Centre (1,000m²), Pad site (1,600m²) and 50 additional at-grade car spaces..

We are seeking a unique mix of retailers including food and service providers to complement the existing centre.

THE CENTRE IS CURRENTLY HOME TO A STRONG PERFORMING FULL-LINE WOOLWORTHS

SUPERMARKET AND CONVENIENCE BASED RETAIL MIX.

Artist impressions of external Karalee Shopping Village.

BROADHECTARE LAND STUDY

0-2 years 2-5 years 5-10 years 10+ years Not specifiedUrban Residential

0-2 years 2-5 years 5-10 years 10+ years Not specifiedRural Residential

Land suitable and potentially available for residential development. Timeframes are indicative only.

Page 3: KARALEE SHOPPING VILLAGE NOW LEASING - Domain€¦ · • The average age of main trade area residents is 35.9 years, younger than the Brisbane metropolitan benchmark of 36.8 years

• The average age of main trade area residents is 35.9 years, younger than the Brisbane metropolitan benchmark of 36.8 years.

• The average household size of 3.0 persons is slightly larger than the Brisbane metropolitan average of 2.6 persons.

• There is a higher than average proportion of home owners within the main trade area (85.8% vs. 68%).

• There is a significantly higher than average proportion of traditional families (i.e. couples with dependent children) at 55.1% as compared with the Brisbane metropolitan benchmark of 46.5%.

THE MAIN TRADE AREA IS CHARACTERISED BY AN AFFLUENT, AUSTRALIAN BORN, FAMILY BASED POPULATION.

STRONG RETAIL GROWTHMain trade area retail spending is currently estimated at $210.0 million and is projected to increase to $443.7 million by 2031, at an average annual growth rate of 5.1% (including inflation and GST).

LIMITED COMPETITIONKaralee Shopping Village incorporates the only large format supermarket within the main trade area and

provides the largest offer of retailers in a single location for the surrounding community. The closest full-line supermarket facilities are some 7km to the

south-west, across the Warrego Highway.

Karalee Shopping VillageMt Crosby Road Woolworths Petrol

Brisbane 40kmWarrego HighwayIpswich CBD 7km

Karalee Tavern

Toowoomba 95km

Park Village Estate (115 houses)

Page 4: KARALEE SHOPPING VILLAGE NOW LEASING - Domain€¦ · • The average age of main trade area residents is 35.9 years, younger than the Brisbane metropolitan benchmark of 36.8 years

REDEVELOPMENT FLOOR PLAN

10

4

3

TEN T01116.17 m²

TEN T02115.29 m²

TEN T03166.60 m²

TEN

T3A

65.1

0 m

²

SUPERMARKET3750.77 m²

KIOSK K0130.00 m²

AIRLOCK193.03 m²

TEN T0581.17 m²

AMEN

ITIE

S C

OR

RID

OR

TEN T06185.15 m²

TEN T06A92.40 m²

TEN T0770.00 m²TEN T0870.00 m²

TEN T0969.02 m²

TEN T10160.13 m²

TEN T11140.11 m²

TEN T13199.81 m²

TEN T12100.39 m² MINI

MAJORTENANCY450.90 m²

TEN T13A53.46 m²

JUNCTION ROAD

EXISTING SPECIALITY STORES620 sq.m GLA

EXISTING SPECIALITY STORES260 sq.m GLA

EXISTING SPECIALITY STORES792 sq.m GLA

LOADING DOCK

ESSE

X RO

AD

TEN 5189.70

TEN 470.01

TEN 370.01

TEN 270.01

MEDICALTENANCY1597.19

STAFF TANDEM PARKING

TEN T107434.99 m²

TENT107A115.01 m²

TEN T106Not Enclosed

TEN T105394.61 m²

YARD152.67 m²

TEN T104144.32 m²

LOBBY40.60 m²

TEN T103112.79 m²

TEN T102112.25 m²

TEN T101123.89 m²

LEGEND:

TENANCIES UNDER OFFER

TENANCIES UNDER LEASE

TEN T200485.78 m²LOBBY

40.60 m²

30

PRELIMINARY

sheet

client

project no. sheet no. issue

verified:

checked:

drawn:

scale:

sheet size:

projectarchitect

north

address

A1

Original Sheet Size A1H - 594 x 841mm

keyplan

Dimensions take precedence over scaling. Do not measure off drawings as print sizes may vary.

graphic scale

builder

1 : 500

28/09/2018 12:01:01 PM A:\16302 Karalee Stage 2 & Medical Centre - CPG\B Design\B05 CAD\03 RVT Files\16302_Karalee Marketing Plan.rvt

D

Junction Rd, Chuwar, QLD4306

Karalee Shopping CentreMARKETING PLAN

SM

Checker

Approver

16302 MP-101

purpose of issue by date issue no.MARKETING PLAN ISSUE 1 VM 22.02.18 AMARKETING PLAN ISSUE 2 VM 07.08.18 BMARKETING PLAN ISSUE 3 VM 17.08.18 CMARKETING PLAN ISSUE 4 VM 28.09.18 D

OFFICES ABOVE

Page 5: KARALEE SHOPPING VILLAGE NOW LEASING - Domain€¦ · • The average age of main trade area residents is 35.9 years, younger than the Brisbane metropolitan benchmark of 36.8 years

ANDREW WATSON M 0401 841 610 E [email protected]

ASHLEIGH WEARNEM 0421 928 527E [email protected]

LIMITED LEASING OPPORTUNITIES EXIST...Interested? Please contact:

CBRE as a general overview provides the contents of this document for information purposes only. The Floor Plan contained herein is for illustrative purposes only and may not reflect the appearance of the actual Floor Plan at the conclusion of any Lessor Works. All stated usages and areas may be subject to change both in the initial leasing campaign and during the term as we seek to secure and replace shops. While reasonable care has been taken in the preparation of this document no warranty is made as to the accuracy, reliability, completeness or currency of the information. CBRE and its directors, officers and agents disclaim all liability and responsibility for any direct or indirect loss or damage which may arise from reliance upon the information contained in this document. Any recipient of this document must undertake an independent assessment of its contents and verify all information on which it intends to rely to its own satisfaction. Any reliance by a recipient on any information contained within is solely at the recipient’s own risk.