High-performing, multi-tenanted retail centre in one of Southeast Queensland’s fastestgrowing regions.
Positioned on a high-profile 3,221m2* corner site, East Caboolture Village offers secure, long-term income underpinned by national tenants, CPI-linked reviews, and full outgoings recoverability. Anchored by Friendly Grocer (lease to 2031) and complemented by Pizza Hut and other well-established local operators, the centre delivers strong cash flow security, with a 5.93- year WALE.
With 41 on site car parks, excellent exposure, and strong convenience retail fundamentals, the centre is well placed to benefit from the region’s rapid growth. Forming part of the Caboolture CBD, this precinct is gearing up to handle an influx of more than 100,000 new residents in the next fifteen years.
This is a rare chance to secure a tightly held convenience retail asset with strong fundamentals and growth upside.
KEY FEATURES
Situated on a 3,221m2* land parcel
1,176m2* of building area across 11 tenancies
Fully leased neighbourhood centre anchored by Friendly Grocer on a lease until 2031
Complementary tenancy mix including a new Pizza Hut and established local food & beverage operators
Strong WALE of 5.79 years
All usual outgoings are recoverable
41 on site car parks
FOR SALE: $7,900,000
To learn more about this investment opportunity, arrange an inspection or receive a copy of the due diligence pack, please contact marketing agents Chris Massie or Troy Sturgess.
Chris Massie Director
0412 490 840
chris.massie@raywhite.com
Troy Sturgess
Sales & Leasing Executive 0432 701 600
troy.sturgess@raywhite.com
* Approximately
EXECUTIVE SUMMARY East Caboolture Village | 22-28 Rowe Street, Caboolture QLD 4510
Legal Description Lot 9 on Registered Plan 226501
Land Area 3,221m²*
Building Area 1,167m²*
Tenancies 11
Zoning Neighbourhood Hub MBRC Planning Scheme
Local Government Moreton Bay City Council
Anchor Tenants Friendly Grocer & Pizza Hut
Other Tenants 9 specialties & 1 ATM
Car Parks 41 on site parking bays
Net Income
$491,450.30 P/A* Outgoings $122,221.70 P/A* WALE 5.93 Years (By Area) | 5.77 Years (By Income) * Approximately * Approximately
6 REASONS TO INVEST
Established Community Centrepiece
East Caboolture Village is an established convenience retail centre in the area, servicing a highdemand catchment that includes multiple schools, a TAFE, and two state hospital campuses.
Strategic Corner Parcel
A prominent 3,221m2* corner landholding with exceptional exposure to passing traffic, further enhanced by the adjacent Satellite Hospital.
Established Food & Beverage Tenancy Profile
Home to a complementary mix of well-established food and beverage operators, the centre caters to both the surrounding residential and commercial catchments, driving consistent foot traffic throughout the day and into the evening.
Secure Investment Profile
Strong lease covenants underpin a 5.93-year WALE, anchored by Friendly Grocer (to 2031), Pizza Hut (to 2034), and a new 10-year lease to an experienced hospitality operator in the centre’s secondlargest tenancy.
Strategic Growth Location
Forming part of the Caboolture CBD, the property is set to benefit from significant council investment in preparing this precinct to service the 100,000+ new residents projected to move into the immediate area over the next 15 years.
Inflation-Linked Rental Growth with Long-Term Tenancies
The centre benefits from a strong rental profile, with the majority of tenants on annual CPI reviews, delivering consistent, inflationresistant income growth. Several tenancies are long-standing operators with an established history in the centre, supporting income security and tenant stability.
ARTIST’S IMPRESSION ONLY: While every attempt has been made to ensure the accuracy of this floor plan all items are approximate and no responsibility is taken for any error, omission, or misstatement This plan is for illustrative purposes only and should only be used as such by any prospective purchaser.
TENANT OVERVIEW’S
Friendly Grocer
This store is the definition of “Anchor tenant”, having operated from this site for a decade. Established in 1956 as Four Square, Friendly Grocer has grown to become one of Australia’s most recognised independent grocery brands, with a network of over 300 stores nationwide.
Pizza Hut
Pizza Hut’s ten-year lease at East Caboolture Village signals their confidence in the area’s growing population. As the world’s second-largest pizza chain with over 19,000 outlets in 105+ countries, their presence brings strong brand recognition, steady customer traffic, and a reliable national covenant.
Sip Eazy
Sip Eazy offers a distinctive entertainment venue that blends the excitement of arcade games and pool with the relaxed vibe of a cocktail bar. This unique combination creates a versatile social hub where guests can unwind and socialise.
CorFit Pilates
CorFit Pilates offers a flexible fitness experience with private, screen-guided workouts on high-quality reformers. Unlike traditional studios, it provides anytime access, appealing to busy individuals and enhancing the centre’s health and wellness mix.
Tony’s Filipino Bread
Tony’s has long played a pivotal role in rounding out the complementary tenancy mix of the centre, generating consistent daily foot traffic that is a staple of convenience retail centres.
Whitey’s Seafood
A local institution, Whitey’s Seafood has been serving its popular fish & chips at East Caboolture Village for over a decade. As a long-standing tenant with deep roots in the community, Whitey’s plays a key role in driving repeat visitation and reinforcing the centre’s local loyalty.
Cara Roma Italian Food
Cara Roma is a well-loved Italian restaurant offering both dine-in and takeaway options. Known for its authentic Roman-style pizza, it has built a loyal customer base and adds to the centre’s strong dayand-night dining appeal.
Snook’s Thai Cuisine
Regarded as a culinary gem, Snook’s Thai Cuisine delivers authentic Thai flavors in every dish, creating a unique and vibrant taste of Asia right in the heart of Caboolture.
Sunshine Nails & Beauty
Renowned for their first-class Japanese head spas, manicures, pedicures, and a wide range of beauty services, Sunshine Nails & Beauty has become a trusted and popular salon in the Caboolture community.
Wash Coin Laundry
Operating since 2017, Wash Coin Laundry offers affordable, reliable, and convenient self-service laundry facilities. It caters to the everyday needs of the local community, providing essential services that drive consistent foot traffic and complement the centre’s diverse tenant mix.
WHY CABOOLTURE
As part of the thriving Moreton Bay region, Caboolture has undergone a significant transformation in recent years, fuelled by population growth, infrastructure investment, and strategic urban planning. For retail investors, it represents a compelling opportunity to capitalise on the momentum of one of Australia’s most promising growth corridors.
Caboolture’s evolution is closely tied to its connectivity. Just 350 metres from East Caboolture Village sits the CabooltureTrain Station, a majortransit hub offering direct rail access to Brisbane’s CBD. With 650 Park‘N’Ride bays, the station provides convenient commuter access, and its role is set to expand significantly with the proposed $5.5 billion Sunshine Coast Rail Extension. This project will enhance Caboolture’s position as a key interchange point, linking the inland and coastal corridors and driving even greater foot traffic and economic activity in the region.
The Moreton Bay Regional Council has recognised the importance of this precinct and designated it an ‘Urban Neighbourhood’ under its planning scheme. This zoning encourages the development of medium-density residential projects, creating a walkable, higher-density urban environment that is ideal for retail. As the surrounding residential population continues to grow, retail centres like East Caboolture Village are well-positioned to benefit from the increased demand for daily needs, hospitality, and personal services.
Broader macroeconomic and demographic trends are also accelerating Caboolture’s appeal. By 2031, the population of Moreton Bay is projected to exceed that of Tasmania, and by 2041, it is expected to double. This growth is being supported by a surge of post-COVID migration and housing demand, with large-scale master-planned communities like Caboolture West, Morayfield South, and North Harbour absorbing much of the region’s development pipeline. In response, state and federal governments have directed billions in infrastructure investment to support this growth, including road, transport, healthcare, and education initiatives.
One of Caboolture’s greatest strengths is its young, active, and rapidly expanding workforce. The region’s demographic profile provides a ready-made labour pool that is increasingly attractive to businesses struggling with labour shortages in other parts of the state. This has driven a strong and competitive commercial property market, as national brands and local operators seek to establish a foothold in a growing, under supplied area.
For investors, Caboolture offers all the fundamentals of a strong retail location: high visibility, expanding catchment, essential daily services, and infrastructure-backed growth. Its central location, affordable land base, and proximity to major transport corridors position it as a future-ready urban hub that continues to outperform.
With demand outpacing supply, Caboolture is no longer an emerging opportunity, it is a live investment market offering immediate income potential and significant long-term upside.
Retail demand in Caboolture is underpinned by a diverse and growing amenity base.
East Caboolture Village benefits from its strategic location in one of the region’s most activated precincts. Directly opposite the centre is the Caboolture Satellite Hospital a Queensland-first healthcare facility providing urgent care and outpatient services.
The area is also home to three major schools with a combined student population of over 3,350, the TAFE Queensland Caboolture campus, and the 302-bed Caboolture Hospital.
This dense concentration of institutional infrastructure drives consistent daily foot traffic and supports a thriving convenience and service-based retail mix.
CABOOLTURE TRAIN STATION
CABOOLTURE SQUARE SHOPPING CENTRE
WOOLWORTHS
ST PETERS PRIMARY SCHOOL
CABOOLTURE HEALTH
ALDI
WOOLWORTHS
CABOOLTURE SATELLITE HEALTH CENTRE
CABOOLTURE HOSPITAL
STARBUCKS
BRUCE HWY M1
AMPOL
SALES PROCESS
FOR SALE: $7,900,000
We are pleased to present this opportunity for interested buyers to submit offers for this property. To ensure a smooth and efficient transaction process, we have outlined the following steps for submitting an offer to purchase:
1. Interested parties are encouraged to submit an Offer to Purchase outlining their preliminary terms, including the proposed purchase price and any key conditions. This is not a binding document, but it provides an early indication of intent and helps facilitate communication between the buyer and seller.
2. Buyers should prepare their formal Offer to Purchase, which must include, at a minimum:
• Proposed Purchase Price: Clearly state the price you are willing to pay for the property/business/ asset.
• Due Diligence Period: Specify the length of time required to complete due diligence, including any necessary inspections, financing, and regulatory approvals.
• Payment Terms: Outline the proposed payment structure, including deposit amount, settlement terms, and any financing contingencies.
• Conditions Precedent: If applicable, detail any conditions that must be met for the transaction to proceed (e.g., regulatory approval, third-party consents, etc.).
• Proposed Settlement Date: Provide a preferred timeline for closing the transaction, taking into account the due diligence and necessary approvals.
Offers should be submitted in writing and can be sent via email or by hard copy to the designated contact person listed in this Information Memorandum.
All offers will be reviewed by the seller. The seller may enter into negotiations with one or more potential buyers if necessary. During this stage, additional information may be shared with interested parties, and clarification of terms may be requested. The seller will work to ensure that all parties are given a fair opportunity to refine their offers.
I / We register our Offer to Purchase enter into negotiations to purchase the property located at 22-28 Rowe Street, Caboolture QLD 4510. Sold via Offer to Purchase. To submit your offer, please complete the following details and return to chris.massie@raywhite.com or troy.sturgess@raywhite.com
PROPERTY DETAILS:
Address 22-28 Rowe Street, Caboolture QLD 4510
Legal Description Lot 9 on Registered Plan 226501
Total Land Area 3,221m²* Local Authority Moreton Bay City Council
EXPRESSION OF INTEREST:
Proposed Price $ GST Exclusive
Proposed Deposit 10% of the Purchase Price = $ GST Exclusive
Proposed Settlement Date
Further Details or Information (Finance, Conditions etc.)
DETAILS OF PROPOSED BUYER:
Full Name(s)
Contact Address
Contact Mobile Contact Email
Company Name (If applicable) ABN ACN (If applicable)
GST Registered Yes No (please circle one)
DETAILS OF PROPOSED BUYER’S SOLICITOR (IF KNOWN):
Firm Name / Contact Address
Contact Telephone Contact Email
Approximately
In submitting an Offer to Purchase form to buy the subject property (“OTP”), the Proposed Buyer agrees to the following conditions:
1. The Proposed Buyer agrees to and accepts all disclaimers, limitations and qualifications in any written or verbal brochure, advertisement, representation, search, advice or information issued by the Vendors or Ray White or anyone on behalf of either of them (“Marketing Material”).
2. The Proposed Buyer acknowledges that the Proposed Buyer has to satisfy itself about the characteristics, value, potential and features of the subject property by relying only on the Buyer’s own enquiries and investigations and not on any Marketing Material. Therefore, neither the Vendors nor Ray White (or their respective employees and agents) will be liable if any Marketing Material is incorrect, incomplete or misleading.
3. The Proposed Buyer accepts and agrees to the terms of the Disclaimer in the Information Memorandum containing this OTP form.
4. The Proposed Buyer agrees that the Vendors will not be obliged to sell the subject property in response to this or any particular OTP.
5. The Vendors may sell the subject property to any person they choose, as a result of the OTP process or otherwise, or not at all. The Proposed Buyer cannot assume or expect that:
The Vendors will negotiate, or not negotiate, with the Proposed Buyer or any other respondent;
The Vendors will accept the highest purchase price offered;
The Vendors will consider any particular feature of an OTP or other proposal to buy the subject property as determinative; or
The submission of the Proposed Buyer’s OTP will lead to any particular outcome.
6. No claim can be made against the Vendors, or RWC Northern Corridor Group in relation to any costs or expenses incurred by a respondent in evaluating the subject property or submitting an OTP.
7. This OTP constitutes an Offer to Purchase by the Proposed Buyer to negotiate for the possible sale and purchase of the subject property.
Execution:
Signed by the Proposed Buyer only.
Full Name
Signature Date
DISCLAIMER
The information contained in this Information Memorandum and any other verbal or written information given in respect of the property (“Information”) is provided to the recipient (“you”) on the following conditions:
1. North Coast Commercial Properties Pty Ltd trading as Ray White Northern Corridor Group and or any of its officers, employees or consultants (“we, us”) make no representation, warranty or guarantee, that the Information, whether or not in writing, is complete, accurate or balanced. Some information has been obtained from third parties and has not been independently verified. Accordingly, no warranty, representation or undertaking, whether express or implied, is made and no responsibility is accepted by us as to the accuracy of any part of this, or any further information supplied by or on our behalf, whether orally or in writing.
2. All visual images (including but not limited to plans, photographs, specifications, artist impressions) are indicative only and are subject to change. Any measurement noted is indicative and not to scale. All outlines on photographs are indicative only.
3. The Information does not constitute, and should not be considered as, a recommendation in relation to the purchase of the property or a solicitation or offer to sell the property or a contract of sale for the property.
4. You should satisfy yourself as to the accuracy and completeness of the Information through your own inspections, surveys, enquiries, and searches by your own independent consultants, and we recommend that you obtain independent legal, financial and taxation advice. This includes as to whether any listing price is inclusive or exclusive of GST.
5. We are not valuers and make no comment as to value. “Sold/ leased” designations show only that stock is “currently not available” – not that the property is contracted/ settled. If you require a valuation we recommend that you obtain advice from a registered valuer.
6. The Information does not and will not form part of any contract of sale for the property. If an interested party makes an offer or signs a contract for the property, the only information, representations and warranties upon which you will be entitled to rely will be as expressly set out in such a contract.
7. Interested parties will be responsible for meeting their own costs of participating in the sale process for the property. We will not be liable to compensate any in tending purchasers for any costs or expenses incurred in reviewing, investigating or analysing any Information.
8. We will not be liable to you (to the full extent permitted by law) for any liabilities, costs or expenses incurred in connection with the Information or subsequent sale of the property whatsoever, whether the loss or damage arises in connection with any negligence, default or lack of care on our part.
9. No person is authorised to give information other than the Information in this Information Memorandum or in another brochure or document authorised by us. Any statement or representation by an officer, agent, supplier, customer, relative or employee of the vendor will not be binding on the vendor or us.
10. To the extent that any of the above paragraphs may be construed as being a contravention of any law of the State or the Commonwealth, such paragraphs should be read down, severed or both as the case may require and the remaining paragraphs shall continue to have full force and effect.
11. You may not discuss the Information or the proposed sale of the property with the vendors or with any agent, friend, associate or relative of the vendor or any other person connected with the vendor without our prior written consent. We accept no responsibility or liability to any other party who might use or rely upon this report in whole or part of its contents.
12. The Information must not be reproduced, transmitted or otherwise made available to any other person without our prior written consent.
