5 Park Place, Caloundra, Qld 4551

CBRE is pleased to offer to the market 5 Park Place, Caloundra QLD 4551 for sale via CBRE Investment Portfolio Auction 185.
 
This Investment has the following investment highlights:
 
+ Rare opportunity to acquire a multi-tenanted retail centre anchored by national and state-wide operators Zarraffa's, Domino's and Pronto Pilates 
+ Zarraffa's: Established in 1996, Zarraffa's is a nationally recognised QSR chain with 85+ stores nationally and growing across Australia (1) 
+ Domino’s: World’s largest pizza chain with over 3,800 locations across 12 countries, with an ASX:DMP market cap of $2.17 billion (2) 
+ Pronto Pilates: National boutique fitness operator specialising in reformer Pilates, with 44 locations across Australia 
+ Supported by established operator Shine Beauty, a boutique beauty operator with three (3) locations across the sunshine coast 
+ Landlord favourable net lease terms with tenants responsible for 100% of outgoings (excluding land tax) 
+ Mixture of CPI and fixed 3% annual rental increases across all leases, allowing for consistent rental growth 
+ Long 3.92-year WALE* delivering strong income certainty 
+ 68,000+ residents and 27,000+ dwellings within a 5km* radius, supporting the strong trade of the centre 
+ Located in a generational retail precinct - within immediate proximity of two pivotal retail centre’s & numerous major national operators including Woolworths, Coles Kmart, McDonald’s, Caltex, Dan Murphy’s, ALDI, GYG, KFC & many more
+ Major 'Centre' zoning allowing for mixed-use residential and commercial redevelopment up to 18 metres* (6 storeys), with the opportunity for increased height STCA, underpinning strong long‑term land value growth (5)
+ Positioned just 900m* from the future Caloundra Train Station, part of the $6.5 billion ‘The Wave’ infrastructure project, scheduled for completion by 2031 for the Brisbane Olympics (4) 
+ 1,821sqm* site with 45.4m* of frontage to Park Place, a major thoroughfare that connects to Caloundra Road (250,000+ vehicles passing weekly) (3)
+ Situated within 6km* of Stocklands Master planned Community ‘Aura Estate’, a landmark residential development which is projected to accommodate over 50,000 residents by 2041 
+ Sunshine Coast: one of Australia’s fastest growing regional areas with a population over 377,000 which is forecast to grow to by 33% to over 500,000 by 2041 (5) 
+ Net Income: $322,124 pa* + GST

For Sale via Investment Portfolio Auction
10:30am (AEST) Thursday 25 June 2026
Level 3, Waterfront Place, Brisbane City

Please contact the exclusively appointed sales team for more information 

*Approx
(1) Domino's
(2) Zarraffa's
(3) Gap Maps
(4) Economic Development Queensland
(5) Sunshine Coast Council