Braybrook Shopping Centre, Cnr Ballarat Rd & Ashley St,
Braybrook, VIC 3019

• Woolworths anchored neighbourhood shopping centre of 9,643 sqm* with 7 speciality shops, 2 external tenancies and 1 ATM (Woolworths option recently exercised commencing October 2013)
• Located in the booming western corridor of metro Melbourne, only 9km* from the Melbourne CBD
• Irreplaceable corner site of 2.54 ha* with quality improvements and at-grade parking for 368* cars
• Opportunity to buy an established shopping centre with 6,110 sqm* of existing retail space ready to be leased/converted/redeveloped
• Primary trade area of 15,942 persons (approx.) as at 2011. Population growth expected to increase to 19,347 persons by 2021, reflecting an average growth rate of 2.14% p.a**
• Good quality improvements constructed in 1998, with depreciation benefits available
• Average daily traffic volume on Ballarat Rd (between Duke and Ashley St) was estimated at 24,000 in 2012***
• Potential fully leased net income of $1,670,000 per annum*

The property is being offered by way of a Public Expressions of Interest campaign closing at 1:00pm (AEST) Thursday 2nd May 2013.

* approx.
** Source: Australian Bureau of Statistics
*** Source: VicRoads