Learn more about this property online at:
https://www.colliers.com.au/p-aus66008324
https://www.colliers.com.au/p-aus66008324
- Sold
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
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
