Deagon Marketplace
Achor Tenants Fresh & Save & Rackley's Swim School
Location 75 Braun St, Deagon QLD 4017, Australia
Land Size 1.4ha
Sector Retail
Deagon Marketplace

• Purchased 2022

Marketplace Deagon is a neighbourhood shopping centre with an exceptional tenant retention history of over 87% (by GLA) since 2011.

Over 75% of the gross income is underpinned by 1 major and 5 mini-major tenants. Essential Service groups lease 4 of the 5 mini majors; Guppy's Early Learning Centre, Rackley's Swim School, Club Lime (gym) & Good Price Pharmacy.

The centre is anchored on a long Lease to Fresh & Save, a fast growing supermarket operator with 7 locations and a true low cost high quality point of difference. Also offering a strong mix of non-discretionary and essential services specialties including BWS, Subway and Pizza Capers.

The centre is positioned on a 1.4ha site just 15km north of the Brisbane CBD. It is the only outbound neighbourhood shopping centre on Sandgate Road, and is exposed to over 36,000 vehicles daily.

Ganellen Asset Plan
- Re-Mix the specialty tenants Including introducing key missing food and service tenant uses.
- Improved income: through the introduction of new GLA and improved operational management.

16 Number of Speciality Tenants
6,005sqm Net Lettable Area
225 Parking Spaces
Kallangur Fair Shopping Centre
Cowper Wharf