Casey Lifestyle Centre, 430-440 Princes Highway & 1-9 Regency Drive,
Narre Warren, VIC 3805

Shops & Retail • Showrooms & Large Format Retail • Development Sites & Land

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The Ultimate Low-Risk Retail Investment + 2 ha* Prime Development Opportunity

Highly strategic location
Invest or develop
Enormous combined land size of 6.75 ha*

The Ultimate Low-Risk Retail Investment
Casey Lifestyle Centre - 430-440 Princes Highway, Narre Warren

• Highly strategic 4.732 ha* parcel of land with frontages to both Princes Hwy and Narre Warren North Road, within Narre Warren-Fountain Gate CBD
• ‘Ground Lease’ to Action Realty Australia Pty Ltd until August 2033 (no further options)
• Current Ground Rental of $686,786 pa* + GST
• Proposed ‘Activity Centre Zoning’
• Currently improved with established Large-Format-Retail centre with a GLA of 18,070* anchored by several tier 1 retail tenants including JB Hi-Fi, Forty Winks and Anaconda

2 ha* Prime Development Opportunity
1-9 Regency Drive, Narre Warren VIC

• Land area of 2.017 ha* with extensive frontage to both Regency Drive and Lauderdale Road
• Zoned Commercial 1 (proposed ‘Activity Centre Zoning’)
• Prime development opportunity suitable for a variety of uses (STCA)

*Approx.

The properties are offered for sale by Expressions of Interest individually or 'in-one-line'

Registration of Capability close 12pm Tuesday 17 May 2016
Expressions of Interest close 3pm Monday 20 June 2016

Property ID: 501932890Last Updated: 3 Apr 2017

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