Chadstone Homemaker Centre, VIC_Property for Sale
Chadstone Homemaker Centre, VIC_Property for Sale
675-685 Warrigal Road, Chadstone, VIC, 3148, AU

Chadstone Homemaker Centre, VIC

Asset description

JLL and Stonebridge are pleased to present Chadstone Homemaker Centre. An opportunity to acquire a 19,574 sqm* landmark retail centre located in the world-renowned suburb of Chadstone.

The Centre boasts a remarkable opportunity, combining a rare 1.5-hectare* Commercial 1 Zoned (C1Z) landholding with an absolute impenetrable income profile, anchored by Bunnings Warehouse, and a suite of some of Australia’s absolute best retailers such as Freedom, The Good Guys, e&s, and Snooze.

The Centre is prominently positioned on Warrigal Road and in proximity to the Monash Freeway, enjoying excellent exposure and accessibility within a densely populated catchment with 750,000 people within a 15-minute drive of the Centre^.


^Source: JLL, VicData, ABS

^^Source: Urbis

*Approx.


Chadstone Homemaker Centre is for sale by Public Expressions of Interest closing at 4:00pm (AEST) Friday 23rd June 2023.

To receive further information or to arrange an inspection please contact the exclusive sale agents below.

 

JLL 

Stuart Taylor | +61 428 000 000

Nick Willis | +61 409 595 803

Tom Noonan | +61 402 319 698

Sam Hatcher | +61 409 899 691

Asian Capital Enquiries:

MingXuan Li | +61 498 688 998


Stonebridge

Justin Dowers | +61 438 098 805

Philip Gartland | +61 403 582 324

Kevin Tong | +61 422 848 818

...

Attributes

Building area gross
19,465 sm
Occupancy
100%
Year built
2011

Media

Investment highlights

·       Exceptional Landholding: Strategic Commercial 1 Zoned (C1Z), 1.5-hectare* landholding in Melbourne’s prized south-eastern suburbs


·       Strong Rental Growth: All tenants providing either CPI, 3% or 5% fixed rental increases providing robust year on year income growth


·       Anchored by Bunnings Warehouse – Anchored by arguably Australia’s most secure and desirable covenants


·       Ultra-Affluent Catchment: Located within one of Australia’s most affluent catchments, with average incomes 26%^^ above the Melbourne average


·       100% of income underpinned by either ASX listed, National, or chain-based retailers

 

Chadstone Homemaker Centre, VIC 4_Property for Sale
Chadstone Homemaker Centre, VIC 4_Property for Sale

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Chadstone Homemaker Centre, VIC (0 Properties)

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Last updated
Aug 24, 2023