FOR LEASE - Riverway Drive - Geon Property
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FOR
LEASE
Riverway Drive
Rasmussen
/ Introduction & Opportunity
The heart of the Upper Ross
community for over 30 years
Riverway Plaza has been the heart of the Upper Ross shaded, well-lit carparks and a new, signalised entry
community for over 30 years, providing a convenient from Riverway Drive providing easy and safe vehicle
shopping destination for residents of the surrounding access to the Centre, will also be undertaken within
area. As the nominated District Centre, the new Stage 1A.
Riverway Plaza is set to transform the precinct into a
contemporary, family-friendly destination. Upon completion, construction of Stage 1B will
commence, providing additional specialty stores
Stage 1A includes the replacement of the existing including new cafes and dining options, retailers and
Woolworths with a new Woolworths supermarket, service providers.
more than 25% larger than current, together with BWS
and other specialty stores. Construction of generous,
Introduction & Opportunity /
Opportunities
Bakery Butcher Cafes/Food & Beverage
Newsagency Services Medical
Pharmacy Bottle Shop Convenience
/ Key Features
Key Features
Anchored by new Located in high growth area
Woolworths supermarket
Modern, contemporary design Great exposure opportunities
Internalised Mall Signalised entry from
Riverway Drive
Generous, shaded carpark, Accessible and inclusive
lit in the evening design for all abilities
Timeline /
Timeline
Commencement
Early 2019
Construction due to
commence early 2019
Stage 1A
New Woolworths, two
specialty stores and Late 2019
drive-through fast-
food outlet due for
completion late 2019
Stage 1B
2020 Supporting specialty
stores due for
completion mid 2020
Future Stages
Expansion to include a
second supermarket, Future
mini-major and further
specialty retail
/ Location
Location Plan KEY Residential Developments Landmarks Schools
CARLYLE GARDENS R
ing Roa
RETIREMENT To Bruce d
VILLAGE Highway North
To Bruce
Highway South
Beck Drive
RIVERLEA
125 LOTS
BROOKSTONE
ON THE PARK Condon
130 LOTS
THURINGOWA
STATE SCHOOL
Rive
HIGHLAND GARDENS
rwa
72 LOTS
y Dr
ive
WINGATE
1500 LOTS
Rasmussen
Beck
Drive
BLUEWATTLE
1300 LOTS
UPPER ROSS HOTEL
OAKTREE RETIREMENT
78 LOTS
GOOD SHEPHERD
CATHOLIC SCHOOL
Alambie Drive
UPPER ROSS PCYC
RASMUSSEN
STATE SCHOOL
ROSS RIVER ESTATE
102 LOTS
Riverway Drive
Hammond Wa
y
KELSO
STATE SCHOOL
PINNACLE VIEWS
52 LOTS
ive
Keslo Dr
Keslo
RIVER PARKS
1000 LOTS
Location /
Positioned in a high growth area,
Riverway Plaza is located on
Riverway Drive, approximately 17km
south-west of Townsville’s CBD.
As the main artery connecting north to south, Riverway Drive serves approximately 19,000
vehicles and 30,000 people every day, offering great exposure opportunities to retailers.
The site offers supporting services including an existing child care centre, McDonalds Restaurant,
Puma Energy fuel station and adjoining mechanic.
/ Key Figures
Key Figures
Demographics
Source: ABS Census of Population & Housing, 2016; MacroPlan Dimasi (2018)
42% 34.5
families average age
$81,902 90.5%
Families consisting of a Median age of trade area The average household 90.5% of households’ rent
couple with dependent residents is 34.5 years. income in the primary or mortgage payments
children are the most trade area is in line with are less than 30% of
prevalent household the non-metro QLD household income.
type, accounting for average of $80,653 pa.
42.2% of main trade
area households.
Strong population growth occurring
in the main trade area.
Source: MarketInfo; MacroPlan Dimasi (2018)
31,700
people by 2036
3,700
new dwellings
80%
population growth
The population within the main Seven residential developments
trade area is expected to grow within the main trade area are The majority (80%) of population
from 20,750 people in 2017 to set to drive population growth. It growth in the main trade area
almost 31,700 by 2036. is anticipated almost 3,700 new is forecast to occur within the
dwellings will be developed in the primary sector.
surrounding areas over the coming
years.
Retail Expenditure
Retail expenditure
Source: MarketInfo; MacroPlan Dimasi (2018)
3.6% above average
on retail spend
Total retail expenditure per household is
estimated to be 3.6% above the
non-metro QLD average.
7.1%
above average on
grocery spend
Total per household expenditure on fresh food,
other food and groceries is 7.1% above the
non-metro QLD average.
$448M
Total retail expenditure
capacity by 2036
The total retail expenditure capacity generated
by the main trade area in 2017 is estimated at
approximately $248 million, which is forecast to
increase to approximately $448 million by 2036,
representing an average annual growth
of $10.5 million pa.
/ Site Plan
Site Plan
NEIGHBO
(RASMU
EXISTING
CHILDCARE
NEIGHBOURING
PROPERTY
PAD SITE
123m²
L AN E
AL L AMB I E
PAD SITE
300m²
Future
Stage
.
Future
NEIGHBOURING
PROPERTY EXISTING
Stage
MCDONALD'S
NEW 10m
PYLON SIGN
BUS STOPSite Plan /
OURING PROPERTY
USSEN STATE SCHOOL)
LOADING ZONE
LOADING ZONE
SUPERMARKET 1
SERVICE ROAD
SUPERMARKET 2
SERVICES
Future
AMENITIES
SPECIALTY SHOPS
SPECIALTY
SHOPS Stage
SPECIALTY SHOPS
CENTRAL MALL
CENTRAL MALL
WALKWAY MINI MAJOR
SPECIALTY MINI MAJOR
SHOPS
SPECIALTY SHOPS
SPECIALTY SHOPS
CENTRE SPECIALTY SHOPS
MANAGEMENT
OUTDOOR DINING/PLAY
WALKWAY
NEIGHBOURING
PROPERTY
Future
EXISTING PETROL STATION Stage
NEW SERVICE
VEHICLE ENTRY
I VE
E R W AY D R
R I V
BUS STOP
0 40 Indicative only/ Tenancy Plan
Tenancy Plan
CLICK & COLLECT
187 CAR PARKS
ENTR
OU
119 CAR PARKSTenancy Plan /
AV LOADING
LOADING
DOCK
WOOLWORTHS
SUPERMARKET
3536 m²
MRV/HRV
LOADING
BIN/TROLLEY
AMENITIES
STORE
SEATING
01 T 03
160 m² 228 m²
KIOSK
19
16 m²
KIOSK
18
RY SEATING 16 m² SEATING
CENTRAL MALL
G
TIN
SE A
T 04 T 05
126 m² 79 m²
T 07 T 08 T 09
101 m² 118 m² 330 m²
T 06
128 m²
ENTRY CENTRE MANAGEMENT
T 10 T 11 T 12 T 13
UTDOOR DINING
G
110 m² 107 m² 107 m² 109 m²
DININ OUTDOOR
SE AT
ING DINING T 14
63 m²
SE
AT
ING
OUTDOOR
SEATING
PLAY AREA
ING
SE AT
BIKE RACKS
D R O P O F F Z O N E
0 20
Indicative onlyGeon Property Manolis Group
Developer Owner
Geon Property is an established market- Longstanding residents of the region,
leading, multi-faceted property group. the Manolis family moved from Ayr to
Our diverse, collaborative team focuses Townsville in 1969. The family has owned
on three main property areas: Property the Riverway Plaza site since 1976,
Development, Property Management and developing and expanding the shopping
Funds Management. centre in line with expansion of the local
population. A significant parcel of land was
Queensland-based, we make a significant purchased in Kelso in 1997, and developed
contribution to the communities in which into a farm comprising of 30,000 mango
we work delivering positive experiences trees and packing shed.
and outcomes. Our expertise spans retail,
mixed use, multi-residential, commercial, The current Riverway Plaza
industrial and heritage projects. We re- redevelopment follows several additions
imagine environments, while researching to the very first development, which
and understanding what people want began as six small shops constructed in
most: that’s what we deliver. Our 1977. Foreseeing the growth in the Upper
combined expertise and human-centric Ross area, the Manolis family further
insights lead us to identify, and action, developed the site over the following years
unique opportunities to create something introducing increased amenity
greater for all: quality places in which and services including a mechanic,
people and communities can live and supermarket and day care centre.
thrive in simpler, smarter ways.
As the area continues to grow, the Manolis
Our difference is our quality – it’s infused in family are very proud to deliver the
everything we do. To us, it’s the detail that current redevelopment of Riverway Plaza,
matters. providing a contemporary community hub
for the Upper Ross community.
Riverway Drive
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