NEWS

Hot contest anticipated for tenancies in new neighbourhood shopping centre

Wodonga Place Shopping Centre expected to attract diverse mix of retailers

Retailers are anticipated to jump at the chance to join anchor tenant Woolworths at the new Wodonga Place Shopping Centre in north-east Victoria.

Measuring about 5,695sqm, the neighbourhood shopping centre is due to open mid 2017 and will service one of the leading regional cities in Victoria with the supermarket giant, about 15 speciality retailers and 187 on-grade car spaces.

Colliers International’s Mike Crittenden, Bernard Canning and Daniel Ryan have been appointed to work alongside L.J. Colquhoun Dixon as the exclusive project leasing team for the new centre.

They are seeking candidates for the vacancies, which are potentially suited to a bakery, butcher, greengrocer, hairdresser, Tattslotto franchise, optometrist, fashion retailer, real estate agent and bank branches.

“This project will provide a fresh and convenient shopping experience for the community,” Mr Crittenden said.

“Wodonga’s proximity to Australia’s two largest cities provides key strategic advantages. The extensive transport network allows access to northern, southern and western corridors of the eastern seaboard and, in turn, access to the whole of Australia.”

Mr Canning said Albury-Wodonga’s population had been steadily increasing for several years and was ready to accommodate another large-scale shopping centre.

“Wodonga has a population of more than 37,000 and services a regional population of 180,000,” he said.

“Key industry sectors include manufacturing, healthcare and social assistance, public administration and safety and retail trade. These are all beneficial to the success of Wodonga Place Shopping Centre.”

Colliers International corporate commercial real estate Albury Wodonga neighbourhood shopping centre specialty retailer retail leasing tenants Woolworths

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