Springfield Central
City West
A RARE 12.7 HECTARE
DEVELOPMENT OPPORTUNITY
Colliers and Stonebridge Property Group are pleased to offer for sale City West, a 12.7ha Town Centre zoned site, positioned in the epicentre of one of Australia’s fastest growing regions, Greater Springfield. This is a once in a generation opportunity to acquire a landmark holding with significant mixed use and future development potential.
Key Development Highlights
12.7HA
land area
City West is a ~12.7 HA site, zoned “Springfield – Town Centre Designation” with the ability to be delivered in stages to cater for the ongoing demand and amenity needed in the area to support the rapidly growing population.
25KM
from CBD
Greater Springfield borders the Brisbane LGA and is approximately 25km from Brisbane CBD with direct access via rail from Springfield Central or car/bus via major arterial networks, with easy connectivity to Centenary Hwy which services 85,000 cars daily1.
$1.8B Retail
Expenditure
Main Trade Area retail expenditure is forecasted to exceed $1.83 billion by 2036 from the estimated $710 million currently, representing an average annual growth rate of 7.6%2.
3.6%
Growth Rate
The forecasted population growth rate for the Main Trade Area is approximately 3.6% per annum, with the population reaching 251,428 by 20362.
$18B
Investment
$18 billion has been invested in social and physical infrastructure to date, with a total estimated investment of $85 billion upon completion of the Greater Springfield Project3.
REQUEST
INFORMATION MEMORANDUM
This rare opportunity to acquire 100% interest in the site is being exclusively offered via an Expression of Interest (EOI) campaign closing Friday, 15th March 2024 at 2:00pm Australian Eastern Standard Time (AEST).
Contact the exclusive marketing agents for further information and to request an Information Memorandum.
Lachlan MacGillivray
Managing Director, Asia Pacific
Retail Capital Markets
+61 413 053 919
lachlan.macgillivray@colliers.com
Harry Dever
Associate Director
Retail Middle Markets, QLD
+61 421 170 033
harry.dever@colliers.com
Julian White
National Partner
Stonebridge Property Group
+61 422 764 137
jwhite@stonebridge.com.au
Philip Gartland
National Partner
Stonebridge Property Group
+61 403 582 324
pgartland@stonebridge.com.au
Important Notice and Disclaimer: This marketing material has been prepared by Colliers and Stonebridge for advertising and general information only. Colliers, Stonebridge, and their client (Springfield City Group) make no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Collier, Stonebridge and Springfield City Group exclude unequivocally all inferred or implied terms, conditions and warranties arising out of this marketing material and Colliers and Stonebridge (and any of its officers, employees, subcontractors and agents) and the Vendor (and any of its related bodies corporate, investors, advisers, consultants, or any of their respective officers or employees) will not be liable for any claim, demand, loss, liability, damage or expense arising directly or indirectly from or connected in any way with any use of or reliance on (including using, disclosing or acting on) such information (including as a result of any omission, error, inaccuracy, inadequacy or misstatements (negligent or otherwise) from or contained or referred to in this document, or arising as a result of or in connection with information in this document being inaccurate or incomplete in any way). This marketing material is the copyrighted property of Colliers and/or its licensor(s). ©[2023]. All rights reserved.
*All figures are approximate and boundary outlines are indicative only.
- Transport and Main Roads QLD
- Deep End Services Report, November 2023
- Greater Springfield