描述

JLL Retail Investments in conjunction with Stonebridge Property Group are pleased to present Epping North Shopping Centre for sale by Expressions of Interest - a modern 5,376 sqm neighbourhood shopping centre strategically positioned within the City of Whittlesea, one of Melbourne's fastest-growing municipalities, approximately 20 kilometres north of Melbourne's CBD.

Anchored by Woolworths and BWS, with approximately 8 years remaining on Woolworths' initial lease term, the centre is underpinned by a secure income stream complemented by 16 specialty tenants.

Occupying a prominent corner position on Epping Road and Lyndarum Drive, the centre commands exposure to over 35,000 passing vehicles daily and benefits from recently completed Epping Road infrastructure upgrades, delivering improved accessibility across this critical north-south corridor.

Key Investment Highlights:

+ Anchored by Woolworths: Strong lease covenant with approximately 8 years remaining on the initial term; Woolworths contributes 44% of gross passing income

+ Strategic Landholding with High Exposure: 1.47-hectare Comprehensive Development Zoned landholding with over 480 metres of prime retail frontage to Epping Road and Lyndarum Drive, Northfields Street and Numurkah Common, capturing 35,000+ daily passing vehicles

+ Secure Income Profile with Embedded Growth: WALE of 6.8 years by area, with annual rental increases averaging 4.5% per annum across the mini-major and specialty tenants

+ Diversified Daily Needs Tenancy Mix: 16 shops spanning medical, pharmacy, dental, butcher, barber, beauty and dining categories, driving consistent daily activation and enhanced trade area draw

+ High-Growth Corridor Location: City of Whittlesea population forecast to grow by 55.6%, with approximately 53,200 new dwellings targeted for delivery by 2041

+ Improved Road Network: Recently completed Epping Road upgrade (December 2025) delivered additional traffic lanes in each direction, shared pedestrian and cycling paths, and dedicated bicycle lanes between Wollert and Epping, more than doubling road capacity and materially improving centre accessibility

+ Complementary Surrounding Land Uses: Co-located with Epping Views Primary School, Epping Views Kindergarten, First Grammar Epping Childcare & Kindergarten and Rose Garden Epping Early Learning Centre, all within walking distance, providing consistent foot traffic to the centre

+ Value-Add Opportunity: An undeveloped pad site of approximately ~1,500 sqm on the southwest corner of the property, benefiting from dual street frontage to Lyndarum Drive and Northfields Street, presents an opportunity to unlock additional income and value

+ 100% Freehold Interest: Complete freehold ownership with 172 at-grade car parks on title, supplemented by approximately 30 off-street car parking spaces, with convenient access via Epping Road, Lyndarum Drive and Northfields Street

+ Immediate Catchment Growth: Positioned within close proximity to major residential developments including Stockland's Aurora Estate (3,100 lots), Lyndarum North Estate (2,000+ lots), Mason Quarter (800 lots) and Northborne Estate (650 lots), collectively delivering thousands of new dwellings within 5 kilometres of the centre by 2029

*Approx

Epping North Shopping Centre is for sale by Expressions of Interest closing Thursday 22nd October 2026 at 3:00pm (AEDT).

To obtain further information or to arrange an inspection, please contact the selling agents:

JLL Agents:

Stuart Taylor | 0428 000 000

Tom Noonan | 0402 319 698

Mingxuan Li | 0498 688 998

Stonebridge Agents:

Justin Dowers | 0438 098 805

Kevin Tong | 0422 848 818

...