Managing director Lachlan O’Keeffe said the opportunity stands out in the current market.
“This is exactly the type of asset buyers are targeting right now,” Mr O’Keeffe said. “You have a long 4.27-year WALE, a recently modernised centre, and all underpinned by strong repeat visitation from essential service tenants.”
“What makes it even more compelling is the upside. With affordable rents across the centre, there is a clear pathway to grow the income over time.”
The 1,281sqm centre is located 10km north-west of the Brisbane CBD and sits on a rare 1,927sqm island site with more than 160 metres of frontage to four streets. The property generates an estimated fully leased net income of $568,199 + GST per annum and benefits from affordable average rents of approximately $500/sqm across the centre.
Comprising eight tenancies, the centre is anchored by a premium veterinary clinic and supported by a mix of allied health, fitness and convenience retail and benefits from 16 on-site car parks, 21 adjoining council bays and a train station just 150 metres away.
Partner & head of QLD Michael Feltoe said the fundamentals of the asset will resonate strongly with investors.
“This is a defensive, needs-based retail centre with strong underlying land value and a proven tenant mix,” Mr Feltoe said. “With exposure on all four sides, a growing catchment and immediate leasing upside, it offers both income security and long-term growth.”
Keperra Square will be offered for sale via Expressions of Interest closing Tuesday 2nd June 2026 at 4:00pm (AEST).
