The Woolworths Group’s Logan Reserve Shopping Village is now up for sale, managed by CBRE’s Michael Hedger and Joe Tynan. This modern shopping center, located in Logan Reserve, Queensland, has been designed to cater to the community’s needs effectively. Featuring a Woolworths Supermarket, click and collect services, BWS, and a range of specialty stores, the village has quickly become a local favorite since its opening in June 2024.
With a strategic location at the intersection of Chambers Flat Road and Park Ridge Road, the shopping center is poised to benefit from upcoming infrastructure developments that will further connect it to the surrounding area. The property offers a long-term income security with a weighted average lease expiry of 7.7 years, along with a diverse income stream from national tenants like Domino’s and Cignall. Additionally, the center boasts an allied health precinct, including medical and dental services, Direct Chemist Outlet, and Anytime Fitness.
Given the limited availability of new neighborhood shopping centers due to rising construction costs, the Logan Reserve Shopping Village is expected to attract significant interest from both local and international investors. The region’s projected population growth and retail expenditure increase further enhance the property’s investment appeal. CBRE is managing the sale through an Expression of Interest campaign, set to close on June 26, 2025.
The commercial property market in Logan, Queensland, reflects a broader trend seen across Australia, where investors are increasingly focusing on retail assets. The demand for well-located, income-producing properties remains strong, particularly in areas experiencing population growth and infrastructure development. This aligns with the Logan Reserve Shopping Village’s positioning to serve a growing catchment area.
Experts suggest that such properties offer investors stability and potential for capital growth, especially when anchored by strong tenants like Woolworths. The combination of essential services, convenience, and a diverse tenant mix makes properties like the Logan Reserve Shopping Village attractive investment opportunities in today’s market. As the retail landscape evolves, properties that cater to changing consumer needs are likely to remain in high demand among investors seeking secure returns.
In conclusion, the sale of the Logan Reserve Shopping Village presents a compelling opportunity for investors looking to capitalize on the growing demand for commercial properties in Queensland. With its strategic location, strong tenant mix, and projected population growth in the region, the shopping center represents a promising investment prospect in the dynamic Australian real estate market.
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