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Centre for sale in growth suburb

By Tenika Sanders

A major retail centre is up for sale in one of the fastest growing areas of Moreton Bay region.

Colliers and JLL are taking expressions of interest (EOI) for Morayfield Village, the centre on 6916sqm at 177-189 Morayfield Rd.

It has 96 per cent occupancy with brands including Repco, Mr Toys, Choice The Discount Store, Bank of Queensland and Subway.

There is also six other retailers and 269 car parking spaces on the 1.7-hectare site beside Morayfield Shopping Centre.

Colliers Retail Middle Markets Associate Director Harry Dever said being one of Queensland’s fastest-growing regions, where retail trade hit $2.8 billion last year, would be a drawcard.

Read more: https://www.moretondaily.com.au/news/centre-for-sale-in-growth-suburb

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