Springhill Shopping Centre, 1390 Thompson Road,
Cranbourne North, VIC 3977
Shops & Retail
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Springhill Shopping Centre, Cranbourne North , VIC**
Brand New Neighbourhood Centre in Strong Growth Precinct**
- Rare 20 year lease*** to Coles comprising circa 60%* of forecast fully leased income
- Supported by medical centre and pharmacy (10 year terms) + 13 specialties + 2 ATMS
- Located at Cranbourne North, 45kms south east of Melbourne CBD
- Strong forecast population growth of 7.5% p.a.* to 2016 (source Urbis)
- Outstanding 199m* frontage to the busy Thompsons Rd, adjacent to proposed major BP, McDonalds and KFC
- Convenient on-grade parking for 253 vehicles*
- Forecast fully leased Net Income of $1,874,000 per annum*
*Approx
**Estimated completion April 2012
*** Allows recovery of increases of statutory and variable OG's after Year 1
For sale by Expressions of Interest closing 12pm (AEDST) 8th November 2011.
- Rare 20 year lease*** to Coles comprising circa 60%* of forecast fully leased income
- Supported by medical centre and pharmacy (10 year terms) + 13 specialties + 2 ATMS
- Located at Cranbourne North, 45kms south east of Melbourne CBD
- Strong forecast population growth of 7.5% p.a.* to 2016 (source Urbis)
- Outstanding 199m* frontage to the busy Thompsons Rd, adjacent to proposed major BP, McDonalds and KFC
- Convenient on-grade parking for 253 vehicles*
- Forecast fully leased Net Income of $1,874,000 per annum*
*Approx
**Estimated completion April 2012
*** Allows recovery of increases of statutory and variable OG's after Year 1
For sale by Expressions of Interest closing 12pm (AEDST) 8th November 2011.
Property ID: 5886291Last Updated: 5 Dec 2013
Springhill Shopping Centre, 1390 Thompson Road
Cranbourne North, VIC 3977
Stonebridge Property Group - SydneyLevel 7, 14 Martin Place
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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