Highly Defensive Neighbourhood Centre + Development Land
Anchored by Woolworths Supermarket
Strategic 19,400 sqm* Landholding
Significant Development Potential
JLL Retail Investments has the exclusive privilege of offering for sale Wyndham Vale Square. A superb representation of a highly defensive Metropolitan Melbourne, freehold, Woolworths anchored neighbourhood shopping centre.
Key details of the opportunity include:
+ Anchored by a modern, full-line 4,013*sqm Woolworths Supermarket + Expansive 19,400*sqm Landholding zoned Commercial 1 + Located in Melbourne's fastest growing LGA, the City of Wyndham + Significant Development Potential via 2,375*sqm of vacant land + Co-located with ALDI providing enormous retail draw power + Main Trade Area Grocery spending forecasted to grow by an average 6.7% Y.o.Y until 2041^ + Minimal Specialty Shops and 100% leased to non-discretionary retailers + Rapid 4.0% Y.o.Y Main Trade Area population growth through to 2041^ + Net Income of $1.5m* with 70%* of income underpinned by Woolworths
*Approximately ^LocationIQ Report October 2023
Wyndham Vale Square is For Sale by Expressions of Interest closing Thursday 23 November 2023 at 3pm (AEDT)
To obtain further information or to arrange an inspection, please contact the exclusive selling agent, JLL.
Stuart Taylor | 0428 000 000 Tom Noonan | 0402 319 698 MingXuan Li | 0498 688 998
Anchored by a full-line Woolworths Supermarket Strategic 19,400 sqm* Landholding Zoned Commercial 1 Significant Development Potential via 2,375sqm of vacant land Co-Located with ALDI providing enormous Retail draw power