Description

JLL and Stonebridge Property Group are delighted to exclusively present for sale Coburns Central Shopping Centre, a high-performing Woolworths-anchored neighbourhood shopping centre positioned within Melbourne's fastest-growing municipality.

The key highlights of the opportunity include:

+ High-performing neighbourhood shopping centre anchored by Woolworths, secured by a rare net lease structure and currently generating substantial percentage rent**

+ Fully leased investment with 100% occupancy across Woolworths, 1 mini-major, 13 specialties, and 2 pad sites

+ Significant 20,304 sqm* Commercial 1 Zoned corner landholding with extensive frontage to High Street and Coburns Road, immediately adjoining Woodgrove Shopping Centre

+ Low average specialty gross rents representing approximately 34% below benchmark and providing significant rental reversion upside^

+ Two national pad sites leased to Hungry Jack's and EG Group at below-market ground rents, offering future subdivision and value-add potential (STCA)

+ Located within the City of Melton, Melbourne's fastest-growing municipality, forecast to increase its population by 79% between 2026 and 2046^^

+ No upfront stamp duty payable for eligible purchasers, having entered Victoria's Commercial and Industrial Property Tax (CIPT) regime^^^

+ Estimated net operating income of approximately $2.66 million per annum*

Coburns Central is for sale via Public Expressions of Interest closing Wednesday 26 August 2026 at 5:00pm (AEST).

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, JLL and Stonebridge Property Group.

JLL Agents:

Nick Willis | 0409 595 803

Tom Noonan | 0402 319 698

Stuart Taylor | 0428 000 000

Stonebridge Agents:

Justin Dowers | 0438 098 805

Kevin Tong 汤聪瑜 | 0422 848 818