Stonebridge is pleased to present for sale Highpoint Homemaker Centre, Maribyrnong VIC, a highly secure homemaker centre on 4.6 hectares of ‘Commercial 1’ inner Melbourne land.

The key highlights of the opportunity include:

• Coveted metropolitan Melbourne location, only 8km* north west of the CBD and close to Melbourne and Essendon airports
• Premium homemaker centre anchored by Spotlight to 2028 + 18 supporting retailers over 21,268 sqm* lettable area
• Positioned in a dominant large format retail precinct, opposite the major regional Highpoint Shopping Centre (16 million visitors p.a.)
• Large catchment of 361,463 people, with exceptional primary sector growth forecast at 2.8% p.a. to 2036**
• Net income of $5,041,000 p.a.* with 75%* of gross rental secured to national/chain retailers
• Strategic 4.6 hectare* town centre site, earmarked for mixed-use development (preferred building heights of 6-10 storeys STCA)

*Approximate
**Deep End Services

Co-Agent: CBRE Melbourne (Mark Wizel & Justin Dowers)