Craigieburn Junction, 420-440 Craigieburn Road,
Craigieburn, VIC 3064
Shops & Retail • Showrooms & Large Format Retail • Medical & Consulting
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Stonebridge Property Group - Sydney
Level 7, 14 Martin PlaceSYDNEY, NSW 2000
Craigieburn Junction, 420-440 Craigieburn Road
Craigieburn, VIC 3064
Map of Craigieburn Junction, 420-440 Craigieburn Road
CAMPAIGN CLOSED
- New & sustainable construction
- Diverse & flexible income
- 87.4% weighting to national tenants
JLL & Stonebridge are pleased to offer for sale Craigieburn Junction, a new and dominant Large Format Retail centre situated in Melbourne’s north growth corridor.
Positioned on a highly exposed corner allotment in Craigieburn, the centre provides an unrivaled opportunity to secure a strong performing LFR precinct within a true town centre location
- Positioned on a high exposure corner site (60,480 sqm*) with 26,000 cars*^ passing daily
- A strong and diverse tenant mix, exemplified by a 87%* (by GLA) weighting to national/ chain operators
- Offering a 7.29 year* WALE (by income) with 95.8%* occupancy (by income)
- Built brand new in 2019, providing significant depreciation benefits
- Located in Melbourne’s North Growth Corridor the
MTA is set to grow 3.55% p.a. for the next ten years^
- Fully leased net income $7.7 million* p.a
*Approximately
^Location IQ, 2021
Craigieburn Junction is being offered for sale via expressions of interest, closing Thursday 19th August at 2:00pm (AEST).
Positioned on a highly exposed corner allotment in Craigieburn, the centre provides an unrivaled opportunity to secure a strong performing LFR precinct within a true town centre location
- Positioned on a high exposure corner site (60,480 sqm*) with 26,000 cars*^ passing daily
- A strong and diverse tenant mix, exemplified by a 87%* (by GLA) weighting to national/ chain operators
- Offering a 7.29 year* WALE (by income) with 95.8%* occupancy (by income)
- Built brand new in 2019, providing significant depreciation benefits
- Located in Melbourne’s North Growth Corridor the
MTA is set to grow 3.55% p.a. for the next ten years^
- Fully leased net income $7.7 million* p.a
*Approximately
^Location IQ, 2021
Craigieburn Junction is being offered for sale via expressions of interest, closing Thursday 19th August at 2:00pm (AEST).
Property ID: 503876134Last Updated: 18 Apr 2022
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