Address available on request,
Tarneit, VIC 3029

Wyndham Village Shopping Centre, VIC

- Major modern neighbourhood shopping complex, comprising Coles & ALDI supermarkets, Sam’s Warehouse discount variety store & 38 specialty tenancies, with a GLA of 13,771sqm (approx.)

- Strong performing Coles supermarket in turnover rent, securely leased for 15+2x10 years (expiry 2020)

- Major landmark site of 47,550sqm (approx.) with on grade parking for 747 cars (approx.)

- Situated within high population growth corridor of Wyndham, one of the fastest in Victoria, with the MTA expected to increase by an average of 10.5% p.a. (approx.) by 2021 (Source: Pitney Bowes MapInfo)

- Significant potential for specialty income growth, due to low average gross rent of $453/sqm (approx.), in-built 3.0% to 5.0% specialty reviews and re-mix opportunities

- Completed in August 2005 (approx.), offering significant depreciation allowances, with minimal requirement for capex in the short to medium term

- Fully leased net income - $2,930,000 p.a. (approx.)


For further information please contact the exclusive agents:

Simon Rooney
National Retail Investments
Phone: +61 2 9220 8497
Fax: +61 2 9223 9793
Mobile: 0418 284 680
Email: simon.rooney@ap.jll.com

David Bowden
Victorian Investments
Phone: +61 3 9672 6603
Fax: +61 3 9600 1715
Mobile: 0419 494 888
Email: david.bowden@ap.jll.com