Crestwood Plaza, 458 Olsen Avenue, Molendinar, Qld 4214

For Sale | A DOMINANT SUPERMARKET ANCHORED NEIGHBOURHOOD SHOPPING CENTRE 

JLL and CBRE Retail Investments are proud to exclusively present for sale Crestwood Plaza , a dominant supermarket-anchored neighbourhood shopping centre strategically positioned in the heart of the Gold Coast's strongest growth corridor. Comprising approximately 3,951sqm of GLA and anchored by SPAR and supported by a range of non-discretionary retailers. 


 The key asset highlights are as follows: 
 SPAR / Crestwood Market Fresh supermarket anchor offering 1,597sqm of GLA, secured on a 20-year lease expiring 2040 with options extending through to 2050
 Highly secure income profile with 98.1% occupancy, 7.73-year WALE by area and 70% of income derived from national tenants including BWS, Domino's, Pizza Hut, Body Fit Training, Burger Urge, Noodle Box and CycleBar
 Embedded rental growth with all tenancies secured on CPI or minimum 3.0% annual rent reviews, with the majority benefiting from favourable net lease structures
 Exceptional arterial exposure and access – prominent 1.22-hectare corner landholding with 340 metres of combined street frontage and direct northbound and southbound access to Olsen Avenue, carrying 57,000+ vehicles daily
 Strategic central Gold Coast location positioned 400 metres from the Smith Street Motorway interchange, 600 metres from Griffith University and 1 kilometre from the Gold Coast Athletics Centre
 Significant retail expenditure growth – main trade area retail expenditure projected to increase 85% from $445 million to $823 million by 2046, underpinned by 3.1% annual population growth
 Strong fully leased net income of $1,904,692 per annum 
 
Crestwood Plaza represents a rare opportunity to acquire a high-quality neighbourhood shopping centre combining secure income, exceptional arterial exposure and long-term growth potential within one of Australia's fastest-growing metropolitan markets.
 
A 100% freehold interest in Crestwood Plaza is offered for sale via Expressions of Interest closing 4:00pm (AEST) on Thursday 8 October 2026 .

Please contact the exclusive marketing agents to arrange inspections or to request access to the Electronic Data Room. All enquiries regarding the information provided herein or to request an inspection should be directed to the exclusive selling agents.