• Strong trading convenience based centre, securely anchored by Coles, ALDI, Kmart and Officeworks
• WALE of 8.4 years (by GLA) with over 90% of GLA and 70% of income derived from anchor tenants
• 19 specialty shops with a high representation of national retailers (95% of total area)
• Anchored by one of Victoria's strongest Kmart stores and the only 24 hour store in the northern suburbs of Melbourne
• At-grade car parking for 822 vehicles (4.59 bays per 100sqm)
• Substantial Commercial 1 Zoned land holding of 5.9ha
• Strategic land holding of 5.9ha with car parking for 822 vehicles
• Fully leased net income of $4.6m p.a.
• Significant total centre MAT of $112m
• Metropolitan location only 14km from the CBD with robust forecast population growth due to urban renewal and intensifying development
All figures are approximate only
For sale by Expressions of Interest
Thursday 1 November 2018 by 5pm (AEDT)
