Zone Underwood
Zone Underwood

Zone Underwood

Compton Road, Underwood QLD
Property Overview
RETAIL
VALUATION: $33,000,000
NET LETTABLE AREA: 11,118sqm
KEY TENANTS: Officeworks, Best Friends, Sydney Tools
PURCHASED: 2018
PROPORTION OF FUND: 4%
NUMBER OF TENANTS: 15
OCCUPANCY: 77%

Zone Underwood is a well-established Large Format Retail Centre. The asset provides a total GLA of 11,118sqm across 4 separate buildings and is anchored by Officeworks, Best Friends Pet Store and Sydney Tools. The centre is serviced by 270 car spaces with multiple entry and exit points. Zone Underwood is approximately 20km south-east of the Brisbane CBD in a unique and prominent position at the intersection of Compton and Kingston Roads, two major arterial roads that carry an estimated 16,000,000 vehicles annually.

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