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KARALEE SHOPPING VILLAGE NOW LEASING
OPENING
APRIL 2019
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.
• 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)
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
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projectarchitect
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A1
Original Sheet Size A1H - 594 x 841mm
keyplan
Dimensions take precedence over scaling. Do not measure off drawings as print sizes may vary.
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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
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.