For Sale
Landmark Retail Investment in Melbourne's Ultra Affluent South-Eastern Suburbs
Chadstone Homemaker Centre - 675-685 Warrigal Road, Chadstone VIC

Stonebridge is pleased to present Chadstone Homemaker Centre. An opportunity to acquire a 19,574 sqm* landmark retail centre located in the world-renowned suburb of Chadstone.

The Centre boasts a remarkable opportunity, combining a rare 1.5-hectare* Commercial 1 Zoned (C1Z) landholding with an absolute impenetrable income profile, anchored by Bunnings Warehouse, and a suite of some of Australia’s absolute best retailers such as Freedom, The Good Guys, e&s, and Snooze.

The Centre is prominently positioned on Warrigal Road and in proximity to the Monash Freeway, enjoying excellent exposure and accessibility within a densely populated catchment with 750,000 people within a 15-minute drive of the Centre^.

Investment highlights include:

  • Exceptional Landholding: Strategic Commercial 1 Zoned (C1Z), 1.5-hectare* landholding in Melbourne’s prized south-eastern suburbs
  • Strong Rental Growth: All tenants providing either CPI, 3% or 5% fixed rental increases providing robust year on year income growth
  • Anchored by Bunnings Warehouse – Anchored by arguably Australia’s most secure and desirable covenants
  • Ultra-Affluent Catchment: Located within one of Australia’s most affluent catchments, with average incomes 26%^^ above the Melbourne average
  • 100% of income underpinned by either ASX listed, National, or chain-based retailers

 

To receive further information or to arrange an inspection please contact the exclusive sale agents below.

^ Source: JLL, VicData, ABS
^^ Source: Urbis
* Approximately

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