The high-profile holding that houses the original Flannerys health food store on the Gold Coast has been listed for sale by the founder’s family.

The 810m2* improved parcel at 2186 Gold Coast Highway, Miami, is being sold along with an adjoining 405m2* site on 6 Hillcrest Parade.

Kollosche Commercial sales agents Adam Grbcic and Tony Grbcic are taking expressions of interest on the entire 1,215m2* holding, closing on 22 June at 2pm.

Building the Flannerys Franchise

The late Mal and Berice Flannery established Mrs Flannery’s – now known as Flannerys Organic & Wholefood Market – on the Gold Coast in 1973.

The family built the business into a multimillion-dollar franchise with a string of stores across Queensland before selling up in 2008.

“When dad bought the Miami building in 1992 it was the first large health food store of its kind on the Gold Coast,” said daughter Genevieve Meek, who was heavily involved in Flannerys operations alongside her brother Michael and husband Martin.

“Over time we knew we needed to grow, which led to the franchise being set up. By the time Flannerys sold, we had nine stores across the Gold Coast, Brisbane and the Sunshine Coast.”

Location and Exposure

Mrs Meek said her father chose the Miami site due to its central location with high exposure to the Gold Coast Highway. The Hillcrest Parade site was purchased two years later.

The holding boasts dual street access with street frontages of 20 metres* on the Gold Coast Highway and 10 metres* on Hillcrest Parade.

There is a single-level showroom/retail building on 2186 Gold Coast Highway, which is currently operating as a Flannerys franchise, while an acupuncture clinic occupies the two-level commercial building on 6 Hillcrest Parade.

“This is a rare opportunity to purchase a large parcel on two titles in a very high profile position,” said Adam Grbcic.

“The site may also present additional opportunities under mooted changes to the City Plan.

“The nearby Nobbys Beach precinct is earmarked for major redevelopment, which will only add to the appeal of this site, as will the new light rail link.”

City Plan Opens up Future Potential

Under the current City Plan the property sits within the mixed-use zone, however, it is noted in the City Plan Major Update amendment package as being subject to changes that support the future growth and need for density along the light rail route.

The Miami holding is held in trust by the four Flannery siblings – Genevieve, Michael, Paul, and Julie – who concede the decision to sell was emotional.

“We are a very close family and there are a lot of memories tied up in that building,” said Mrs Meek. “So many of the family have worked in the Miami store at some point, so it’s very much part of our family history. It’s the last asset that we own together as a family.”

To find out more, call Adam Grbcic on 0404 087 772 or view the full listing here