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AUSTRALIA’S NEWEST COLES ANCHORED NEIGHBOURHOOD SHOPPING CENTRE SURROUNDED BY UNPRECEDENTED GROWTH - #1
AUSTRALIA’S NEWEST COLES ANCHORED NEIGHBOURHOOD SHOPPING CENTRE SURROUNDED BY UNPRECEDENTED GROWTH - #2
AUSTRALIA’S NEWEST COLES ANCHORED NEIGHBOURHOOD SHOPPING CENTRE SURROUNDED BY UNPRECEDENTED GROWTH - #3
AUSTRALIA’S NEWEST COLES ANCHORED NEIGHBOURHOOD SHOPPING CENTRE SURROUNDED BY UNPRECEDENTED GROWTH - #4
AUSTRALIA’S NEWEST COLES ANCHORED NEIGHBOURHOOD SHOPPING CENTRE SURROUNDED BY UNPRECEDENTED GROWTH - #5
AUSTRALIA’S NEWEST COLES ANCHORED NEIGHBOURHOOD SHOPPING CENTRE SURROUNDED BY UNPRECEDENTED GROWTH - #6
AUSTRALIA’S NEWEST COLES ANCHORED NEIGHBOURHOOD SHOPPING CENTRE SURROUNDED BY UNPRECEDENTED GROWTH - #7

For Sale

Expressions of Interest closing 2nd Apr 2020 (AEDT)
Colliers International is proud to offer for sale the brand-new Armstrong Creek Shopping Centre, Armstrong Creek, Victoria.

On completion, the Centre will present as a highly convenient, non-discretionary offering, comprising 9,755sqm* of floor space on a landmark 2.065 hectare site*.

The key investment highlights are:

• Anchored by full-line Coles supermarket with highly attractive percentage rent threshold

• Serviced by 441 at-grade car spaces

• Over 24,000* vehicles passing daily along the Surf Coast Highway

• MTA estimated retail spend of $915.9 million in 2019, forecast to grow 5.2% p.a to $2.03 billion by 2036^

• Main Trade Area population of 61,300 people in 2019 forecast to grow at 4.3% p.a. to 116,000 by 2036^

• Median Primary Sector Individual income 28% above Victorian Average^

• The Centre will be complimented by a future Town Centre incorporating 75,000sqm of retail, 50,000sqm of non-retail floor space and 1,249 dwellings*

FOR SALE VIA PUBLIC EXPRESSIONS OF INTEREST CLOSING THURSDAY 2nd APRIL 2020 AT 2.00PM (AEDT)


For further information please contact the exclusive sales and marketing agents:

Tim McIntosh
+61 488 320 063

Mike Crittenden
+61 400 544 045

*Approximate
^Ethos Urban February 2020
  • 29/04/2021
  • Contact our experts for details on this transaction