形容

JLL Retail Investments is pleased to present Epping Home & Life for sale via Expressions of Interest – a modern 26,550sqm Large Format Retail (LFR) centre strategically positioned at the heart of the Epping Metropolitan Activity Centre, just 17 kilometres north of Melbourne's CBD.

Secured by tier-1 national and international retailers including Officeworks, TK Maxx, Rebel Sport, Planet Fitness, Harvey Norman and Chemist Warehouse, the centre delivers an estimated fully leased net operating income of $7.4m p.a. underpinned by an exceptional 7.62-year WALE by income.

Prominently positioned on the corner of High Street and Cooper Street, directly opposite Pacific Epping Shopping Centre, the property commands exposure to over 30,000 passing vehicles daily and services one of Australia’s fastest growing catchments.

Key Investment Highlights:

+ Secured by Australia's Leading Retailers: 84% of gross income from national and chain retailers, with 56% backed by ASX or globally listed covenants

+ Exceptional Metropolitan Melbourne Landholding: A rare 7.4-h.a. triple-fronted landholding with 435 metres of prime frontage to High Street, capturing 30,000+ daily passing vehicles

+ Unrivalled Income Security: Leased to 28 tier-1 tenants across nine retail categories, delivering a 7.62-year WALE by income and estimated fully leased net income of $7.4m p.a.

+ Strong In-Built Rental Growth: Structured annual rental increases of 3.0 and 4.0% across the income profile, with significant positive rental reversion potential following a comprehensive repositioning that has driven +46% gross rental growth since 2022.

+ High-Growth Trade Area: Services a trade area of 231,000 people forecast to grow 41% to 327,000 by 2036, with annual LFR expenditure set to double from $852M to $1.72B

+ One of Nine Priority Metropolitan Activity Centres: Located at the heart of the Epping Metropolitan Activity Centre under Plan Melbourne, surrounded by over $3 billion of committed infrastructure including the $2B New Epping urban renewal precinct, $1B Northern Hospital health hub, Costco and Melbourne Wholesale Market.

+ Genuine Development Upside: Located in a flexible Activity Centre Zone with built-form controls supporting development up to 12 storeys, providing medium to long-term mixed-use development potential (STCA).

+ Significant Depreciation Benefits: Over 7,100sqm of brand-new tenancies recently completed and under construction, providing meaningful tax depreciation deductions that enhance after-tax investor returns over the near-to-medium term.

*Approx

For sale by Expressions of Interest closing Thursday 20th August 2026 at 3:00pm (AEST)

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

Stuart Taylor | 0428 000 000

Nick Willis | 0409 595 803

Tom Noonan | 0402 319 698

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