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DESCRIPTION:Coles-Anchored Metropolitan Melbourne Neighbourhood Centre\nCol
 liers Retail Middle Markets are pleased to exclusively present for sale Co
 les Croydon North  a metropolitan Melbourne non-discretionary neighbourhoo
 d shopping centre on a valuable Commercial 1 Zoned landholding.\n\nColes C
 roydon North occupies a prominent high-exposure position along Maroondah H
 ighway\, one of Melbourne's key eastern arterial roads\, benefitting from 
 approximately 48\,000 vehicles passing daily. The centre is anchored by a 
 Coles supermarket\, recently renewed for a further five-year term\, and is
  complemented by 11 specialty tenants providing a defensive daily-needs re
 tail offering. Positioned within the affluent eastern suburb of Croydon No
 rth\, approximately 30km* east of the Melbourne CBD\, the property service
 s a well-established residential catchment supported by strong demographic
  fundamentals.\n\nInvestment Highlights\n•  AAA Coles Group Anchor with 
 Coles recently renewing a further 5-year lease term through to 2031\, plus
  further options.\n•  Defensive non-discretionary retail profile\, with 
 approximately 70% of gross income derived from daily-needs retailing.\n•
   100% leased investment\, anchored by Coles occupying approximately 67% o
 f the centre's GLA and providing a 3.85-year WALE by area.\n•  Prominent
  neighbourhood shopping centre positioned on a substantial 7\,707sqm* Comm
 ercial 1 Zoned (C1Z) landholding.\n•  Strong rental reversion upside\, w
 ith average specialty rents currently 40% below Urbis benchmark levels.\n
 •  Triple street frontage with multiple access points\, with exposure to
  over 48\,000 vehicles passing daily.\n•  Affluent eastern Melbourne loc
 ation\, with a median house price approximately 21% above the metropolitan
  Melbourne average.\n\nColes Croydon North is offered for sale via Express
 ions of Interest Closing 3:00pm (AEST) on Thursday 27 August 2026.\n\nFor 
 more information\, please contact the agents:\nTim McIntosh | tim.mcintosh
 @colliers.com | +61 488 320 063\nWill Heffernan | will.heffernan@colliers.
 com | +61 400 917 179
DTEND:20260827T150000
DTSTAMP:20260723T071545Z
DTSTART:20260827T150000
LOCATION:Melbourne
SEQUENCE:0
SUMMARY:Expression Of Interest: Coles Croydon North 401-415 Maroondah Highw
 ay\, Croydon North VIC
UID:CRE-2021019155-EOI
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>Coles-Anchored Metropolitan Melbourne
  Neighbourhood Centre <br/> Colliers Retail Middle Markets are pleased to 
 exclusively present for sale Coles Croydon North  a metropolitan Melbourne
  non-discretionary neighbourhood shopping centre on a valuable Commercial 
 1 Zoned landholding. <br/>  <br/> Coles Croydon North occupies a prominent
  high-exposure position along Maroondah Highway\, one of Melbourne's key e
 astern arterial roads\, benefitting from approximately 48\,000 vehicles pa
 ssing daily. The centre is anchored by a Coles supermarket\, recently rene
 wed for a further five-year term\, and is complemented by 11 specialty ten
 ants providing a defensive daily-needs retail offering. Positioned within 
 the affluent eastern suburb of Croydon North\, approximately 30km* east of
  the Melbourne CBD\, the property services a well-established residential 
 catchment supported by strong demographic fundamentals. <br/>  <br/> Inves
 tment Highlights <br/> •  AAA Coles Group Anchor with Coles recently ren
 ewing a further 5-year lease term through to 2031\, plus further options. 
 <br/> •  Defensive non-discretionary retail profile\, with approximately
  70% of gross income derived from daily-needs retailing. <br/> •  100% l
 eased investment\, anchored by Coles occupying approximately 67% of the ce
 ntre's GLA and providing a 3.85-year WALE by area. <br/> •  Prominent ne
 ighbourhood shopping centre positioned on a substantial 7\,707sqm* Commerc
 ial 1 Zoned (C1Z) landholding. <br/> •  Strong rental reversion upside\,
  with average specialty rents currently 40% below Urbis benchmark levels. 
 <br/> •  Triple street frontage with multiple access points\, with expos
 ure to over 48\,000 vehicles passing daily. <br/> •  Affluent eastern Me
 lbourne location\, with a median house price approximately 21% above the m
 etropolitan Melbourne average. <br/>  <br/> Coles Croydon North is offered
  for sale via Expressions of Interest Closing 3:00pm (AEST) on Thursday 27
  August 2026. <br/>  <br/> For more information\, please contact the agent
 s: <br/> Tim McIntosh | tim.mcintosh@colliers.com | +61 488 320 063 <br/> 
 Will Heffernan | will.heffernan@colliers.com | +61 400 917 179</P></body><
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