116-118 Wembley Road Logan Central, QLD 4114

Ray White AKG are pleased to present to the market, for the first time in over 20 years, an exceptional freehold investment and value-add development opportunity in one of Logan Central's most prominent commercial locations.

Positioned on a substantial 14,300sqm* landholding, the property comprises 4,981sqm* of retail and commercial improvements across five (5) buildings, with strong exposure to Wembley Road. The asset represents an underperforming large format retail centre, offering immediate scope for rental uplift, repositioning, or redevelopment.

The property features a diverse mix of tenants, including food and hospitality operators alongside an established indoor sports facility, providing holding income while future plans are executed. Importantly, the leases to Sky Badminton and Lifeline Retail Warehouse both include six (6) month demolition clauses, offering significant flexibility and the ability to accelerate redevelopment outcomes.

Zoned Centre Use, the site provides outstanding flexibility for a wide range of retail, commercial or mixed-use outcomes. Supported by strong surrounding amenity, proximity to Logan Central's town centre, and excellent connectivity to major transport infrastructure, the property is ideally positioned to capitalise on future growth and intensification.

This is a rare opportunity to secure a large-scale freehold asset with in-place income, short-term development flexibility, and substantial long-term upside in a tightly held growth corridor.

Key Features:

• 4,981sqm* total building area across five (5) buildings
• 14,300sqm* strategic landholding in the heart of Logan Central
• Underperforming large format retail centre with value-add potential
• Potential net return in excess of $1,500,000 per annum
• Diverse tenancy mix including food, retail and indoor recreation
• Tenants include Sky Badminton, Lifeline Retail Warehouse, Subway, Mistaboo Sushi and Deep South Chicken
• Sky Badminton and Lifeline leases feature six (6) month demolition clauses
• Approx. 210 onsite car parks
• Income-producing asset with near-term development upside
• Centre Use zoning allowing for flexible retail, commercial or mixed-use outcomes
• Significant potential for redevelopment, expansion or repositioning
• Prominent, high-exposure location with strong accessibility
• Excellent connectivity to the Logan Motorway and M1 Pacific Highway
• Located within a major growth corridor

Opportunities combining scale, flexibility and near-term development potential are rarely offered. Enquire today to secure a high-profile asset with immediate upside and long-term strategic value.

*Approximate areas only.

Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement."