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Retail For Sale or For Lease found in NORTHERN SUBURBS (METROPOLITAN), VIC

MERNDA JUNCTION SHOPPING CENTRE - CREATING A NEW BENCHMARK IN NEIGHBOURHOOD...

Retail

Mernda Junction Shopping Centre is set to create a new benchmark in neighbourhood shopping, to service this well established trade area.
Due to open early 2018, Coles will bring their latest full line 4,000sqm supermarket to the new centre that will feature approximately 20 of the finest specialty retail stores comprising fresh food, casual dining and lifestyle offerings.
Mernda Junction was carefully designed to offer customers a fresh and engaging shopping experience. The mix of retailers will ensure a solid and loyal customer base drawn from the local main trade area, which has an estimated population of 41,310*, additionally offering over 300+ on grade and under cover car parks for crucial convenience.
Located in the City of Whittlesea approximately 31km north-east of the Melbourne CBD, Mernda is a rapidly developing residential area and currently one of the fastest growing areas in Australia. A high profile position on the north-west corner of Plenty and Bridge Inn Roads, both being major traffic routes respectively in the area and easily accessible via the Metropolitan Ring Road.
The State Government has plans to extending the South Morang rail line to Mernda to cater for significant population growth in Melbourne' North. The project expects to include a premium station hub with over 1,000 car spaces, providing vital public transport for communities in Mernda, South Morang and Doreen. The new line is understood to be complete and operational in 2019.
Source:
*MacroPlanDimasi November 2015
levelcrossings.vic.gov.au/merndarail
www.whittlesea.vic.gov.au

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Rent Please contact agent
Building 1m² - 2703m²
Property ID 256540

SUMMERHILL SHOPPING CENTRE

Retail

"LAST TENANCY REMAINING"
Join current committed tenants: Bank of Melbourne, Kmart Tyre and Auto, Aust Post and Tatts, The Groove Train, Pharmacy 4 Less and medical centre, Donut King, Red Rooster, Muffin Break, Forevergreen Fresh - Fresh Food Hall and Jetts Fitness to name a few..
- Anchor tenants: 24 Hour Kmart, Coles, ALDI and Red Rooster
- Total GLA: 16,500sqm approx
- Trade area population estimated at 153,000 including 38,600
residents in primary trade area
- Current trade area population generates estimated $1.75 billion in
retail expenditure - average annual growth of 3.5%
- Close proximity to Reservoir High School and La Trobe University
- Brand new Shopping Centre within a fully enclosed air conditioned Mall
Summerhill Shopping Centre, 850 Plenty Road - Reservoir, occupies a very high profile location on the southern side of Plenty Road, in one of Melbourne's most well established northern suburbs.
Situated only 12km north of Melbourne, Summerhill Shopping Centre will comprise approximately 16,500sqm of quality retail space, incorporating Kmart, Coles and ALDI and approximately 3,400sqm of specialty retail space.
Call today to secure the last tenancy!

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Rent Please contact agent
Building 94m² - 219m²
Property ID 256489

AN INVESTMENT YOU CAN BANK ON!

Investment | Retail

CVA Property Consultants are pleased to offer this inner-city investment opportunity for private sale.
The well presented two storey premises of 225m2* features retail banking on the ground floor and a mixture of open plan and partitioned offices on the first floor. This prime retail freehold investment is currently leased to Arab Bank Australia Limited until 2021, who have been a longstanding tenant since 2006. Key lease terms are as follows:
- Rental return: $93,390.00 per annum
- Lease: 12 + 5 years
- Commenced: 15 April 2009
- Annual increases of 5%
Conveniently located on Sydney Road near the corner of Bell Street adjacent to Browns Corner Hotel, the property benefits from a second street frontage to Russell Street and is just 7 kilometres* from Melbourne’s CBD and under 5 kilometres* to Citylink.
The 212m2* site is surrounded by an array of national and local retailers including Coles, Woolworths, Commonwealth Bank and NAB.
The subject property is well surrounded by public transport, with a tram service at your door, bus service along Bell Street and Coburg Train Station located just 500 metres from the property.
*approx

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Price $2,300,000
Rent $93,390 p.a.
Building 225m²
Land 212m²
Occupancy Tenanted
Property ID 249786

NEW 10-YEAR LEASE TO THE GOOD GUYS

Investment | Retail | Showrooms | Development/Land

Savills is delighted to offer for sale (as part of a broader national portfolio of 'The Good Guys' retail investments) this premium, modern retail asset which is leased to 'The Good Guys.
Key attributes of this property are:
- Modern, as-new retail investment of 3,023sq m*
- New 10+5 year lease to 'The Good Guys'
- Current Rental: $583,609 pa* + GST
- Prime retail location within metropolitan Melbourne (17km* from CBD)
- Corner site of 7,762sq m* with incredible exposure to three busy roads
- Well positioned within a strong retail precinct, next to Harvey Norman, JB Hi-Fi, Beacon Lighting, Baby Bunting, McDonald's, Sleep King, Repco, Petbarn and close to Bunnings
- Convenient on-grade car parking for 77 vehicles
Expressions of Interest Closed - Offers Under Review
For further information, please contact:
Nick Peden - 0402 011 266
Clinton Baxter - 0413 569 888
Jesse Radisich - 0402 085 702

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Price: EOI Closed - Offers Under Review    Building: 3023m²    Land: 7800m²    Occupancy: Tenanted


HIGH PROFILE SHOWROOM/RETAIL

Retail | Showrooms | Medical

- Showroom Area: 300 sqm (approx)
- Mezzanine Area: 50 sqm (approx)
- Brilliant corner site
- Two fully glazed shop fronts
- Massive car park
First time offered in decades. This prime showroom offers exposure to thousands of passing cars per day with the added advantage of easy access to east and west bound traffic together with excellent on-site parking.
Join Clark Rubber, Oz Ten Pin, numerous car dealers and within close proximity of Greensborough Shopping Centre and Plaza.

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Rent: $72,000 P.A. Exc. GST    Building: 300m²

PREMIUM RETAIL INVESTMENT WITH TWO BLUE-...

Investment | Retail | Showrooms | Development/Land

Savills is delighted to offer For Immediate Private Sale this outstanding retail investment, leased to longstanding tenants TAB and Vinnies.
Key attributes of this prime investment are as follows:
- Two adjoining retail properties
- Total Building Area: 904sq m* plus rear customer car park on title
- Huge 15m* frontage to Keilor Road
- Large landholding providing for significant future redevelopment potential (STCA)
- Blue-chip tenants: TAB (Market Cap: $3.93 billion) and St Vincent de Paul Society (650 stores nationally)
- Current Rental: $191,820 per annum + GST
- Tenants pay usual outgoings
- Securely leased to longstanding tenants
- Fixed annual rental growth
- Commercial 1 Zone (Keilor Road Major Activity Centre)
- Superbly positioned within the bustling Keilor Road retail strip amongst a range of high quality tenants and close to Niddrie Central Shopping Centre
- A premium retail investment in a very tightly held retail location!
481 and 481A Keilor Road, Niddrie is For Immediate Private Sale.
For further information, please contact:
Jesse Radisich - 0402 085 702
Clinton Baxter - 0413 569 888
Benson Zhou - 0458 488 888

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Price: - Immediate Private Sale    Building: 904m²    Land: 650m²    Occupancy: Tenanted

12 AFFORDABLE RETAIL INVESTMENTS - RIVERSTONE SHOPPING CENTR...

Investment | Retail

- A brand new convenience centre currently under construction (completion due late 2017)
- Located in a master planned community including School (STCA), Childcare (STCA), Residential
- High quality development including medical, health, service and convenience food offerings (plus more)
- Rental ranging from $25,000 to $108,000pa
- Depreciation Benefits
- Possible stamp Duty Savings (prior to 1.7.2017)
- A rare opportunity to acquire fully leased investments in one of Melbourne’s fastest growing residential growth corridors.

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Price: Contact Agent    Building: 50m² - 300m²    Occupancy: Tenanted

ONLY 1 SHOP REMAINING - CAFE OPPORTUNITY

Retail

- A brand new convenience centre currently under construction (completion due late 2017)
- Located in a master planned community including School (STCA), Childcare (STCA), Residential
- High quality development including medical, health, service and convenience food offerings (plus more)

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Rent: Contact Agent    Building: 150m²

Suburb Summary -

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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