420-440 Craigieburn Road Craigieburn VIC 3064

Shop & Retail
25,086 m²
Sold

CAMPAIGN CLOSED

New & sustainable construction
Diverse & flexible income
87.4% weighting to national tenants

JLL & Stonebridge are pleased to offer for sale Craigieburn Junction, a new and dominant Large Format Retail centre situated in Melbourne's north growth corridor.

Positioned on a highly exposed corner allotment in Craigieburn, the centre provides an unrivaled opportunity to secure a strong performing LFR precinct within a true town centre location

- Positioned on a high exposure corner site (60,480 sqm*) with 26,000 cars*^ passing daily
- A strong and diverse tenant mix, exemplified by a 87%* (by GLA) weighting to national/ chain operators
- Offering a 7.29 year* WALE (by income) with 95.8%* occupancy (by income)
- Built brand new in 2019, providing significant depreciation benefits
- Located in Melbourne's North Growth Corridor the
MTA is set to grow 3.55% p.a. for the next ten years^
- Fully leased net income $7.7 million* p.a

*Approximately
^Location IQ, 2021

Craigieburn Junction is being offered for sale via expressions of interest, closing Thursday 19th August at 2:00pm (AEST).

JLL - Sydney

Level 27

Sydney, NSW 2000

Property Highlights

Date Sold	30 Sep 2021
Floor Area	25,086 m²
Land Area	6.05 ha
Parking	On site parking available
Property ID	2017148387
Category	Shop & Retail Medical / Consulting Showrooms / Bulky Goods
Last updated	1 Oct 2021

Map for 420-440 Craigieburn Road Craigieburn VIC 3064

Nearest transport* to 420-440 Craigieburn Road Craigieburn VIC 3064

Bus

Train

Tram

Ferry

Waterview Bvd/Craigieburn Rd (Craigieburn)	198 m
Aitken Bvd/Craigieburn Rd (Craigieburn)	228 m
Aitken Bvd/Craigieburn Rd (Craigieburn)	232 m
Balyang Way/Craigieburn Rd (Craigieburn)	364 m

*Within a 4km radius

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JLL - Sydney

Level 27

Sydney, NSW 2000

Property Highlights

Date Sold	30 Sep 2021
Floor Area	25,086 m²
Land Area	6.05 ha
Parking	On site parking available
Property ID	2017148387
Category	Shop & Retail Medical / Consulting Showrooms / Bulky Goods
Last updated	1 Oct 2021

Co-Agents

Nick Willis

JLL - Sydney

Call

+61409595803

Sam Hatcher

JLL - Sydney

Call

+61 409 899 691

More about 420-440 Craigieburn Road Craigieburn VIC 3064

420-440 Craigieburn Road Craigieburn VIC 3064 is categorized as Shop & Retail Property. It has a floor area of 25,086 m² and a land area of 6.05 ha. The listing ID for this property is 2017148387.