266 MAROONDAH HIGHWAY,
Chirnside Park, VIC 3116
Shops & Retail
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Stonebridge Property Group - Melbourne
Level 19, 627 Chapel StreetSOUTH YARRA, VIC 3141
266 MAROONDAH HIGHWAY
Chirnside Park, VIC 3116
Map of 266 MAROONDAH HIGHWAY
High Growth 100% Leased Large Format Retail Centre
- Brand New 100% Leased
- 86% Weighting to National Tenants
- WALE of 7.7 Years (by Income)
Colliers and Stonebridge are pleased to exclusively present for sale Chirnside Lifestyle Centre, a brand-new Large Format Retail Centre strategically located within Melbourne’s rapidly expanding eastern growth corridor.
Prominently located on the busy major arterial Maroondah Highway with 38,000* cars passing daily, the centre presents an ultra-defensive high growth large format retail centre 32km from the Melbourne CBD.
Investment Highlights:
- 100% leased
- 86%* weighting to national chain tenants including Harris Scarfe, Baby Bunting, Fantastic Furniture and Chemist Warehouse
- 7.7 year* WALE (by income)
- Highly attractive net lease structures with fixed annual growth
- Occupying a significant 3.5ha* Commercial 1 Zone site providing future development upside
- Completion December 2022 providing significant depreciation benefit potentials
- 286* on-grade car spaces (2.58*/100sqm)
- Prominent location on Maroondah Highway with 38,000* cars passing daily
- Fully leased net income of $2.65 million*
*Approximately
Please contact our exclusive marketing agents for more information.
Tim McIntosh
+61 488 320 0...
Mike Crittenden
+61 400 544 045
James Wilson
+61 402 079 304
Justin Dowers
+61 438 098 8...
Kevin Tong
+61 422 848 8...
Philip Gartland
+61 403 582 324
Prominently located on the busy major arterial Maroondah Highway with 38,000* cars passing daily, the centre presents an ultra-defensive high growth large format retail centre 32km from the Melbourne CBD.
Investment Highlights:
- 100% leased
- 86%* weighting to national chain tenants including Harris Scarfe, Baby Bunting, Fantastic Furniture and Chemist Warehouse
- 7.7 year* WALE (by income)
- Highly attractive net lease structures with fixed annual growth
- Occupying a significant 3.5ha* Commercial 1 Zone site providing future development upside
- Completion December 2022 providing significant depreciation benefit potentials
- 286* on-grade car spaces (2.58*/100sqm)
- Prominent location on Maroondah Highway with 38,000* cars passing daily
- Fully leased net income of $2.65 million*
*Approximately
Please contact our exclusive marketing agents for more information.
Tim McIntosh
+61 488 320 0...
Mike Crittenden
+61 400 544 045
James Wilson
+61 402 079 304
Justin Dowers
+61 438 098 8...
Kevin Tong
+61 422 848 8...
Philip Gartland
+61 403 582 324
Property ID: 504157959Last Updated: 5 Jun 2024
Stonebridge Property Group - MelbourneLevel 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
SOUTH YARRA, VIC 3141
Colliers - MelbourneLevel 30, 367 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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