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Miriam Vale Arcade 27 Blomfield St 3,875 SF 100% Leased Retail Building Miriam Vale, QLD 4677 $583,565 ($150.60/SF)



Investment Highlights
- Fully leased, 8-tenancy retail arcade in a core regional trade hub.
- 6% estimated net return on $810,000 purchase price, reinforced by WALE of 2.25 years
- Major recent investment into structural and electrical upgrades, enhancing long-term asset resilience.
- Strong tenant mix spanning banking, essential services, food, and personal care sectors.
- Anchor tenants with 3+3-year leases provide income security and operational stability.
Executive Summary
Seize an exceptional investment opportunity with this fully leased, income-generating retail/commercial arcade strategically located in the heart of Miriam Vale, one of Rural Queensland’s growing service hubs. Positioned just off the Bruce Highway and at the convergence of major regional routes connecting Gladstone, Agnes Water, Bundaberg, and Childers, the property captures strong local trade together with consistent tourism-driven foot traffic from one of the region’s most critical junction points.
Comprising 8 tenancies fully occupied by a diversified, long-standing tenant mix, including a prominent anchor tenant bank, financial services, hospitality outlets, and essential retail, the property ensures durability of income and low vacancy risk. Current WALE stands at 2.25 years, underpinned by reliable 3+3 lease structures, with all primary outgoings paid by tenants (landlord exposure limited to minimal common utilities and grounds maintenance).
Recent capital improvements—including new roofing, upgraded electrical systems with separate metering, and boundary fencing—deliver near-term maintenance certainty for incoming investors. The 1,007 m² site and 360 m² lettable footprint, coupled with existing access and exposure advantages, also presents future expansion potential, offering a layered value proposition for development-driven investors.
Comprising 8 tenancies fully occupied by a diversified, long-standing tenant mix, including a prominent anchor tenant bank, financial services, hospitality outlets, and essential retail, the property ensures durability of income and low vacancy risk. Current WALE stands at 2.25 years, underpinned by reliable 3+3 lease structures, with all primary outgoings paid by tenants (landlord exposure limited to minimal common utilities and grounds maintenance).
Recent capital improvements—including new roofing, upgraded electrical systems with separate metering, and boundary fencing—deliver near-term maintenance certainty for incoming investors. The 1,007 m² site and 360 m² lettable footprint, coupled with existing access and exposure advantages, also presents future expansion potential, offering a layered value proposition for development-driven investors.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
3,875 SF
Building Class
C
Price
$583,565
Price Per SF
$150.60
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
0.25 AC
Parking
15 Spaces (2.79 Spaces per 1,000 SF Leased)
Frontage
45’ on Blomfield Street
Amenities
- Signage
- Wheelchair Accessible
- Air Conditioning
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Miriam Vale Arcade | 27 Blomfield St
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