Cnr Main Street & Murnong Street,
Point Cook, VIC 3030

"POINT COOK TOWN CENTRE"
CORNER OF MAIN STREET & MURNONG STREET, POINT COOK

* Rare opportunity to acquire 100% Freehold interest in new and dominant regional shopping centre with major population and development upside (STCA) located 23km* south-east of Melbourne’s CBD in the City of Wyndham, Australia’s number one growth corridor

* Total GLA of 42,574m2* anchored by long term and secure leases to Target DDS, Harris Scarfe DS, Coles and Aldi supermarkets plus 10 mini majors, 116 specialty stores, 11 kiosks, eight ATM’s and 22 commercial tenancies with car parking for 1,710* vehicles

* Winner of 2010 ICSC Design & Development Award for innovative design and development as well as the Urban Taskforce’s Development Excellence Award for Retail Development in 2010

* Current site coverage of only 35% suggesting significant future expansion potential (STCA) with a current AFL in place for a new full line Woolworths supermarket

* Excellent market share and benefits from a Main Trade Area currently estimated at 59,490* persons (approx) with a current annual retail spend of AUD$764.2* million and is forecast to increase to 89,880* persons and AUD$1,767.4* billion respectively by 2021**

* Affluent and high spending power Primary Trade Area with average household income of 26%* above the Melbourne Metropolitan average**

* Excellent rental reversion and remix opportunities as the Main Trade Area matures with sales forecast to increase significantly and rents currently well below comparable benchmark levels coupled with potentially significant tax depreciation benefits

* Estimated Fully Leased Net Income as at 31 March 2011 of AUD$13,819,546 pa*

*Approx
** Source: Pitney Bowes Business Insight

For any enquiries or an Information Memorandum please contact the exclusive retail sales agent Lachlan MacGillivray 0413 053 919.