• Bustling sub-regional shopping centre anchored by Woolworths and Big W, with an outstanding convenience offering and range of non-retail uses, including ANZ Bank, Commonwealth Bank and Australia Post, important drivers of customer traffic
• Exceptional tenant base with major, national and chain retailers representing 91% of GLA and 84% of gross rent
• Highly productive Woolworths, refurbished in December 2015 with MAT above the Urbis ‘Single DDS’ benchmark
• Strong specialty productivity of $9,442/sqm, 10% above the Urbis ‘Single DDS’ benchmark
• Big W is a drawcard, being the only store within the trade area and the wider Albury-Wodonga region
• Thriving local economy – Albury-Wodonga is a regional economic hub with a combined resident population of 92,000 and GRP of $6.4bn, supported by 43,000 local jobs, driven by sectors that include agriculture, manufacturing, healthcare, construction, retail and public administration*
• Major TTA retail expenditure expected to reach $1.1bn by 2027, representing growth of 3.7% p.a.*
• Well-populated and expansive TTA, comprising 54,980 residents, growing at 1.4% p.a. to 2027, double the non-metro NSW benchmark of 0.7% p.a.*
Lavington Square forms part of the Major Australian Shopping Centre Portfolio, comprising 14 high-quality, sub-regional and neighbourhood shopping centre investments
For sale in one line or individually by EOI closing Thursday 23 August at 12 noon (AEST)
All figures above are approximate only
*Urbis, June 2018
