Maroondah Village Shopping Centre_Property for Sale
Maroondah Village Shopping Centre_Property for Sale
401-415 Maroondah Highway, Croydon North, VIC, 3136, AU

Maroondah Village Shopping Centre

Asset Description

JLL Retail Investments has the exclusive privilege of offering for sale Maroondah Village Shopping Centre. A rare opportunity to acquire a metropolitan Melbourne located Coles anchored shopping centre with 11 shops.

 

Maroondah Village Shopping Centre is positioned on a highly strategic corner landholding and is the primary retail precinct within Croydon North, approximately 30km* east of the Melbourne CBD.

 

Situated on major 7,707sqm* Commercial 1 Zoned (C1Z) site, the centre benefits from triple street frontages and exposure to the homeward-bound side of Maroondah Highway.

The shopping centre is well serviced by approximately 113 at-grade car parking with dual access via either Maroondah Highway or Exter Road providing exceptional convenience for customers. 

 

Key details of the opportunity include:

 

+ Anchored by 3,094sqm Coles Supermarket with an efficient 3% occupancy cost ratio


+ 7,707sqm* Commercial 1 Zoned (C1Z) site benefitting from triple street frontages and exposure to over 48,000* daily passing vehicles


+ 67% of centre underpinned by a NET lease to Coles Group^


+ Low average gross specialty rents of $559/sqm, 49% below Urbis benchmarks ($1,102/sqm)1


+ Croydon North median house price is 20% above the Melbourne average


+ At-grade carparking for 113 vehicles providing superior shopping convenience for customers


+ Strong population growth within the city of Maroondah, forecasted to grow by 17% by 20413

 

*Approx.

^By GLA


 

To obtain further information or to arrange an inspection, please contact the exclusive selling agent.

 

Tom Noonan | 0402 319 698

Stuart Taylor | 0428 000 000

MingXuan Li | 0498 688 998

 

中文普通话咨询物业详情,请联系Mingxuan Li李名轩。 手机: 0498 688 998, 电子邮件: Mingxuan.Li@jll.com, 或微信ID: Mingxuanli777

...

Attributes

Building area net
33,304 sf
Land area gross
82,957 sf

Media

Investment Highlights

Anchored by a 3,094sqm* Coles Supermarket + 11 non-discretionary shops

Expansive 7,707sqm* Commercial 1 Zoned (C1Z) landholding

High Exposure location on the corner of Maroondah Hwy & Exeter (Dorset) Road

Maroondah Village Shopping Centre 4_Property for Sale
Maroondah Village Shopping Centre 4_Property for Sale

Contact brokers

Maroondah Village Shopping Centre (0 Properties)

Similar properties

View moreChevron Right
Do you have any questions? visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. Email us today to see how we can help achieve your ambitions.
Last updated
26 Sep 2024