Stonebridge Property Group’s Thomas Proberts, Michael Collins, Philip Gartland, and Justin Dowers have been exclusively appointed to market for sale Woolworths Maleny (Sunshine Coast), a rare freestanding supermarket investment on the Sunshine Coast. The asset is being offered for sale via an Expressions of Interest campaign closing on Monday, 30 June 2025.
Located in the thriving hinterland destination, Woolworths Maleny (Sunshine Coast) is a dominant freestanding supermarket benefitting from exceptional income security, rental growth, and significant barriers to entry for new competition. The asset is 100% leased to ASX-listed Woolworths Group, Australia’s largest supermarket operator, on a long 25-year lease with five further five-year options extending to 2056.
The high-performing store is currently paying turnover rent, with sales sitting 20% above the Moving Annual Turnover threshold. A base rent review is due in April 2026, that will crystalise this uplift, with strong ongoing growth prospects thereafter. The property recently underwent a $4 million refurbishment, offering potential depreciation benefits for an incoming purchaser, and boasts improvements that are unrepeatable in today’s construction environment.
Set on a valuable 5,225 sqm ‘District Centre’ zoned landholding, the property provides 2,038 sqm of lettable area and offers 109 on-site car spaces, including undercroft parking (5.3 cars per 100 sqm of lettable area). It enjoys a strategic location within a catchment that exhibits significant barriers to new retail development, ensuring its long-term competitive advantage.
Thomas Proberts commented, “Freestanding Woolworths investments in Queensland are exceptionally scarce, with only three existing examples across the state. Maleny represents a unique opportunity to acquire one of them, backed by long-term lease security and strong trading performance.”
Phil Gartland added, “With the RBA’s recent rate cut signalling the start of a lower interest rate cycle, now is an ideal time for investors to deploy capital into high-quality, income-secure assets like Woolworths Maleny – particularly in tightly held, high-growth locations such as the Sunshine Coast.”
The Sunshine Coast region is one of Australia’s fastest-growing economies, currently valued at $23.7 billion, with a population forecast to exceed 540,000 by 2046 (1). This demographic momentum, coupled with the strong performance of the supermarket, reinforces the long-term value proposition of the asset.
Woolworths Maleny is being offered for sale via Expressions of Interest closing at 3.00pm on Monday, 30 June 2025.
For further information, please contact Stonebridge Property Group.
Figures are an approximate only
(1) Sunshine Coast Council
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