
Harvey Norman Centre Knoxfield
1464 Ferntree Gully Road, Knoxfield, VIC, 3180, AU
14 747 mètres carrés
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
Carl Molony | 0439 032 028
*Approximately
** Refer to Lease for further definitions and exclusions.
^Urbis, 2025
^^ Forecast.id, November 2024
^^^ Subject to CIPT guidelines. Purchasers must rely on their own investigations and professional advice
Rare Woolworths Net Lease
Significant Rental Upside
Stamp Duty-Free Investment


