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Stonebridge Property Group - Melbourne

Busselton Central, 30-35 Kent Street Busselton, WA 6280

Busselton Central, 30-35 Kent Street,
Busselton, WA 6280

Shops & Retail • Hotel, Motel & Leisure • Showrooms & Large Format Retail

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Stonebridge Property Group - Melbourne
Justin Dowers
Philip Gartland

Stonebridge Property Group - Melbourne

Level 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
Stonebridge Property Group - Melbourne
Busselton Central, 30-35 Kent Street
Busselton, WA 6280

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Newly-Redeveloped Neighbourhood Centre in Growth Hotspot

  • Dominant Neighbourhood Centre
  • Coles & Reading Cinemas Anchored
  • $45M Redevelopment Completed 2023
Stonebridge & CBRE are pleased to present for sale Busselton Central, a strong-performing Coles & Reading Cinemas anchored neighbourhood shopping centre.

The key highlights of the opportunity include:

- The dominant retail offering in Busselton, anchored by a Coles supermarket & Reading Cinema plus 4 destinational mini-majors & 31 shops

- Major $45 million redevelopment & expansion completed in 2023 providing exceptional depreciation benefit potential

- Occupies two high-profile, triple-fronted sites totalling 30,397 sqm* in the epicentre of Busselton CBD, a burgeoning growth & tourism hotspot

- Large total trade area of 66,276 people with high population growth of 2.1% p.a. and retail expenditure growth of 4.6% p.a. to 2031^

- Strong income growth prospects with low specialty gross rents, majority annual fixed % or CPI increases and Coles trading near percentage rent

- Opportunity for further site intensification with DA approval in place

- Estimated fully leased net operating income of $5.07 million p.a.*

To obtain further information or to arrange an inspection, please contact the exclusive selling agents at Stonebridge & CBRE.

Stonebridge Property Group:

Philip Gartland
0403 582 3...

Justin Dowers
0438 098 8...

CBRE:

James Douglas
0419 973 2...

^ LocationIQ
* Approximately

Property Code: 995

Property ID: 504624432Last Updated: 24 Jul 2024

CBRE - Sydney
Level 21, 363 George Street
SYDNEY, NSW 2000

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