Nationally Leased Retail Asset in Queensland Border Town Hits the Market

Goondiwindi site leased to Kmart Australia Ltd offers strategic location, secure lease and consistent trading performance

A high performing retail asset in the heart of Goondiwindi’s main commercial precinct is being offered to the market.

Located at 60 Marshall Street, the property is occupied by K Hub Goondiwindi, a regional store operated by Kmart Australia Ltd, part of the ASX-listed Wesfarmers. The asset sits on a prominent freehold corner site of approximately 1,338sqm, with around 76.7m of street frontage across Marshall and Herbert Streets.

JLL’s Sam Richards and Liam Cox have been exclusively appointed to manage the sale via an Expressions of Interest campaign.

Mr Richards said the campaign was expected to attract strong interest from investors seeking regional retail assets with dependable income and long-term growth potential.

“This investment opportunity combines the security of a national tenant covenant with a strategic corner location and exceptional street frontage,” he said

“K Hub is tailored to meet the everyday needs of regional communities, and the Goondiwindi store is a great example of that.”

Mr Cox said the asset’s position within a key regional logistics and agricultural hub made it especially appealing.

“The location benefits from Goondiwindi’s role, strategically positioned at the intersection of major highways connecting Queensland and New South Wales,” he said.

“The site is leased under a double net lease to Kmart Australia Ltd, providing investors with minimal maintenance obligations and a secure income stream. The asset has a long history of supporting retail trade, with more than 30 years of continuous operation at the site.”

The opportunity to acquire K-Hub Goondiwindi is available via an Expressions of Interest campaign closing Thursday 21st of August 2025 at 4pm (AEST).