. Vaughan Street,
Shepparton, VIC 3630

The portfolio is being offered as two (2) separate opportunities, which can be purchased individually or in an ‘in one line’ basis. The key attributes of both opportunities are summarised as follows:

Property 1 – Value Add Retail Investment Opportunity Leased to Kmart & Coles
• Strategic Victorian retail investment with long term lease to Coles (3,930sqm*) and Kmart (7,070sqm*), expiring July 2020 with no further options
• Efficiently configured retail centre with no specialty tenants
• Estimated annual net income of $1,741,000* excl GST
• Substantial CBD land holding of 21,750 square metres* including 366 ‘at grade’ car spaces*


Property 2 – Retail Development Opportunity – Zoned for a Neighbourhood Shopping Centre (STPA)
• Prime centrally located 16,766sqm*, Business 1 and 5 zoned CBD development site
• Provision for a full line supermarket based shopping centre development (STPA)
• Significant development synergies may be obtained if purchased with Property 1
• Future development may benefit from four (4) active street frontages
• Provision for significant CBD car parking amenity

CBRE Victorian Retail Investments as exclusive sales and marketing agents offer the portfolio by way of a Public Expressions of Interest campaign closing at 3:00pm (AEST) Thursday 12 April 2012.

Acting under instructions from Adam Nikitins and Justin Walsh from Ernst & Young, Receivers and Managers