JLL & Stonebridge are pleased to offer for sale Craigieburn Junction, a new and dominant Large Format Retail centre situated in Melbourne’s north growth corridor.
Positioned on a highly exposed corner allotment in Craigieburn, the centre provides an unrivaled opportunity to secure a strong performing LFR precinct within a true town centre location
- Positioned on a high exposure corner site (60,480 sqm*) with 26,000 cars*^ passing daily
- A strong and diverse tenant mix, exemplified by a 87%* (by GLA) weighting to national/ chain operators
- Offering a 7.29 year* WALE (by income) with 95.8%* occupancy (by income)
- Built brand new in 2019, providing significant depreciation benefits
- Located in Melbourne’s North Growth Corridor the
MTA is set to grow 3.55% p.a. for the next ten years^
- Fully leased net income $7.7 million* p.a
^Location IQ, 2021
Craigieburn Junction is being offered for sale via expressions of interest, closing Thursday 19th August at 2:00pm (AEST).