Address available on request,
Tarneit, VIC 3029
Shops & Retail
Price information
Sold
Range: $30,525,000 - $35,475,000
Key property information
Floor area
Parking info
Tenure type
Sold on
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Highly Strategic & Near New Retail Shopping Complex Situated in Major Population Growth Corridor - For Sale
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
- 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
Property ID: 5459683Last Updated: 26 Jun 2015
02 9220 85...![realcommercial.com.au logo](/listing-ui-assets/img/rca-logomark.svg)
Address available on request
Tarneit, VIC 3029
JLL - SydneyLevel 27, 180 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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