Absolute Prime Melbourne Neighbourhood Shopping Complex - For Sale
SOLD
St Helena VIC 3088
Retail
FOR SALE
4944m2
- Building Name St Helena Marketplace
St Helena Marketplace, VIC
- Fully leased & thriving, food, service & convenience based neighbourhood shopping complex, featuring a Safeway Supermarket & 13 specialty tenancies, comprising a GLA of 4,944sqm (approx.)
- Secure income stream, via a long term 20+2x10 year lease to Safeway Supermarket (initial expiry 2016), contributing 52% (approx.) of the total Centre's gross income
- High growth asset via strong anchor tenant's turnover performance & in-built specialty reviews
- Densely populated metropolitan location, with a MTA of 43,140 persons (approx.), just 21km (approx.) north east of the Melbourne CBD (Source: Pitney Bowes MapInfo)
- High profile & easily accessible site of 17,950sqm (approx.), situated on Aqueduct Road, with parking for 277 cars (approx.)
- Fully leased net income - $1,796,000 p.a.(approx.)
EXPRESSIONS OF INTEREST
Closing Date: 12 Noon (AEDST), Thursday, 4 December 2008
For further information please contact:
Simon Rooney
National Retail Investments
Ph: 02 9220 8497
Mbl: 0418 284 680
Email: simon.rooney@ap.jll.com
Stephen Bolton
Victorian Retail Investments
Ph: 03 9672 6530
Mbl: 0419 323 997
Email: stephen.bolton@ap.jll.com
- Fully leased & thriving, food, service & convenience based neighbourhood shopping complex, featuring a Safeway Supermarket & 13 specialty tenancies, comprising a GLA of 4,944sqm (approx.)
- Secure income stream, via a long term 20+2x10 year lease to Safeway Supermarket (initial expiry 2016), contributing 52% (approx.) of the total Centre's gross income
- High growth asset via strong anchor tenant's turnover performance & in-built specialty reviews
- Densely populated metropolitan location, with a MTA of 43,140 persons (approx.), just 21km (approx.) north east of the Melbourne CBD (Source: Pitney Bowes MapInfo)
- High profile & easily accessible site of 17,950sqm (approx.), situated on Aqueduct Road, with parking for 277 cars (approx.)
- Fully leased net income - $1,796,000 p.a.(approx.)
EXPRESSIONS OF INTEREST
Closing Date: 12 Noon (AEDST), Thursday, 4 December 2008
For further information please contact:
Simon Rooney
National Retail Investments
Ph: 02 9220 8497
Mbl: 0418 284 680
Email: simon.rooney@ap.jll.com
Stephen Bolton
Victorian Retail Investments
Ph: 03 9672 6530
Mbl: 0419 323 997
Email: stephen.bolton@ap.jll.com