Richlands Home & Life 215 Government Road & 20 Garden Road, Richlands, Qld 4077

Colliers are pleased to exclusively present Richlands Home & Life, a newly completed Large Format Retail and Convenience Centre located within a key Brisbane growth corridor, approximately 21km south-west of the CBD.
 
The centre comprises 5,594sqm of GLA on a 19,637sqm landholding, secured by blue chip national tenants including Supercheap Auto, Petbarn, Autobarn, Caltex and Banjo’s Bakery, together with seven national or chain showroom retailers.
 
KEY INVESTMENT HIGHLIGHTS:
•	SECURED BY NATIONAL TENANTS: 100%* of GLA and income secured by national and chain tenants
•	FAVOURABLE LEASE STRUCTURES: 95%* of GLA underpinned by net lease structures, minimising landlord exposure to outgoings.
•	SECURE INCOME STREAM (WALE): Long WALE of 8.54* years by income.
•	GUARANTEED RENTAL GROWTH: 100% of income subject to annual reviews, ranging from CPI to fixed 3.0%–3.5% increases per annum
•	EXCELLENT DEPRECIATION BENEFITS: Recently completed across Stage 1 (Q3 2024*) and Stage 2 (Q2 2025*).
•	HIGH-EXPOSURE LOCATION: Prominent corner position with exposure to 30,000*¹+ vehicles per day along Government Road and Garden Road.
•	STRONG CONNECTIVITY: Located within 250m of Richlands Train Station and 21km* south-west of Brisbane CBD.
•	STRATEGIC SELL-DOWN FLEXIBILITY: Separate titles for the LFR (5,141sqm) and Convenience Centre (453sqm) provide future divestment optionality.
•	FORECAST POPULATION GROWTH: Trade area population forecast to reach 36,489 by 2041², equating to 3.08% annual growth.
•	STRONG HOUSEHOLD SPENDING: Household goods expenditure of $3,199³ per capita, supporting long-term demand for LFR tenants.
 
Expressions of Interest closing 2.00pm (AEST) on Thursday, 18 June 2026.
 
For further information, please contact the exclusive Colliers agents:

Harry Dever | [email protected] | +61 421 170 033
James Wilson | [email protected] | +61 402 079 304

*approx.
¹AADT Segment Report
²Mecone Mosaic
³Gap Maps – 10-Minute Drive Time