1 Highway Plaza Mount Pleasant, 1 Highway Plaza, Mount Pleasant, Qld 4740

JLL Retail Investments is pleased to present For Sale, 1 Highway Plaza, Mount Pleasant – A dominant Large Format Retail Opportunity with secure long-term income and significant value-add potential. 
 
1 Highway Plaza presents an opportunity to acquire a dominant large format retail asset anchored by Fitness Cartel, with a significant value-add potential across an 1,910sqm of existing vacancy.


Please see below Investment Highlights: 
 
Secure Long-Term Income
 10-year double net lease to Fitness Cartel expiring November 2035 with fixed 3.50% annual income increases.
 Significant Value-Add Potential
 1,910 sqm of existing vacancy providing a clear pathway to increase net income from $510,931 to circa $950,000 p.a. once stabilised.
 Rapidly Growing national Tenant
 Fitness Cartel occupies 3,247 sqm and has expanded to 18 locations and 60,000+ members, with plans to grow to 60 clubs nationally by 2030.
 Dominant 1.45 Ha Corner Landholding
 Expansive 14,500 sqm site with 125 metres of frontage to the Bruce Highway and a further 97 metres to Highway Plaza.
 High-Profile Bruce Highway Exposure 
 Prominent positioning along one of Mackay’s key arterial routes, providing exceptional exposure, accessibility and extensive on-grade parking.
 Growing Mount Pleasant Catchment
 Mount Pleasant’s population is forecast to grow from 12,060 residents in 2025 to 14,803 by 2046, supporting continued demand across the surrounding retail precinct.
 
1 Highway Plaza, Mount Pleasant is for sale via Expressions of Interest closing Thursday 12th of November 2026 at 4:00pm (AEST).