Colliers and Stonebridge are pleased to exclusively present for sale Chirnside Lifestyle Centre, a brand-new Large Format Retail Centre strategically located within Melbourne’s rapidly expanding eastern growth corridor.

Prominently located on the busy major arterial Maroondah Highway with 38,000* cars passing daily, the centre presents an ultra-defensive high growth large format retail centre 32km from the Melbourne CBD.

• 100% leased
• 86%* weighting to national chain tenants including Harris Scarfe, Baby Bunting, Fantastic Furniture and Chemist Warehouse
• 7.7 year* WALE (by income)
• Highly attractive net lease structures with fixed annual growth
• Occupying a significant 3.5ha* Commercial 1 Zone site providing future development upside
• Completion December 2022 providing significant depreciation benefit potentials
• 286* on-grade car spaces (2.58*/100sqm)
• Prominent location on Maroondah Highway with 38,000* cars passing daily
• Fully leased net income of $2.65 million*

*Approximately

To arrange an inspection or for more information, please contact the exclusive selling agents, Colliers and Stonebridge.