Stonebridge Property Group is pleased to present for sale Sunbury Showrooms, a fully leased metropolitan Melbourne large format retail centre at the heart of a rapidly growing suburb.
The key highlights of the opportunity include:
- Secure & high growth LFR centre with all tenants on annual CPI, 3% or 3.25% rent increases
- National tenant profile anchored by The Good Guys with highly convenient at-grade parking for 143 vehicles on title
- Highly prominent corner site of 12,140 sqm* with 221 m* total frontage on the main thoroughfare into Sunbury
- Strategic location in a tightly held precinct, opposite a high-performing Bunnings Warehouse and over 12 km* away from the next closest LFR Centre
- Outstanding population growth in Sunbury of 4.85% p.a. to 2041 providing strong retail spending growth^
- Estimated net operating income of $1,169,009 p.a.*
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.