Kippa Ring’s latest retail development at 403 Elizabeth Avenue is now fully operational, hosting growing brands Guzman Y Gomez, Fitness Cartel and Slim’s Quality Burger.
For Slim’s Quality Burger, Kippa Ring’s dine-in and drive-thru restaurant marks its Queensland debut after considerable success in New South Wales. The fast food chain is set to expand its roots in Queensland with an additional store set to open in Slacks Creek this month.
Impressive redevelopment reflects commercial growth in Kippa Ring
The grand opening of the site signals the completion of a promising redevelopment by Onefin Property who acquired the site in September 2021. Spanning an expansive site area of 1.31 hectares and an impressive 140-square-meter frontage, the property was successfully sold by Blue Commercial for $8.21 million; a reflection of the vibrant growth and potential that Kippa Ring holds.
In a continuing partnership, Blue Commercial secured pre-commitments from renowned brands even before construction began, underscoring the robust demand for this prime location and setting the stage for a thriving commercial hub.
“We’re proud to have played a key role in shaping the future of this property,” says Mr Herman Hunt, Head of Retail and Commercial at Blue Commercial. “Our collaboration with OneFin and the successful leasing to renowned brands exemplify the market’s recognition of the strategic value that 403 Elizabeth Avenue offers.”
Versatile tenant mix a key factor in development success
Recent years have highlighted the importance the right tenant mix holds in economic flux. The project’s success speaks to the careful planning and strategic vision applied at every stage.
More than simply filling space, Blue Commercial’s approach involves choosing tenants that complement both each other and the locale’s lifestyle needs and pain points. A well curated project will ensure not only its long-term financial viability but also contributes to the vitality and sustainability of the envisioned community.
For further information on this project or upcoming leasing opportunities, please contact Herman Hunt on 0401 043 413 or herman.hunt@bluecommercial.com.au.