Cnr Ballarat Rd & Ashley St Braybrook VIC 3019

Woolworths anchored neighbourhood shopping centre of 9,643 sqm* with 7 speciality shops, 2 external tenancies and 1 ATM (Woolworths option recently exercised commencing October 2013)
Located in the booming western corridor of metro Melbourne, only 9km* from the Melbourne CBD
Irreplaceable corner site of 2.54 ha* with quality improvements and at-grade parking for 368* cars
Opportunity to buy an established shopping centre with 6,110 sqm* of existing retail space ready to be leased/converted/redeveloped
Primary trade area of 15,942 persons (approx.) as at 2011. Population growth expected to increase to 19,347 persons by 2021, reflecting an average growth rate of 2.14% p.a**
Good quality improvements constructed in 1998, with depreciation benefits available
Average daily traffic volume on Ballarat Rd (between Duke and Ashley St) was estimated at 24,000 in 2012***
Potential fully leased net income of $1,670,000 per annum*

The property is being offered by way of a Public Expressions of Interest campaign closing at 1:00pm (AEST) Thursday 2nd May 2013.

* approx.
** Source: Australian Bureau of Statistics
*** Source: VicRoads