Stonebridge Property Group is pleased to present for sale Belconnen Convenience Retail – 8 fully leased high growth investments that offers the flexibility to acquire individual shops, groups of shops, or in-one-line.

Key highlights of the opportunity include:

• Modern daily needs, convenience and medical investment constructed in 2020
• 100% leased – national tenants Chemist Warehouse, Petbarn, a medical centre, gym and 4 complementary retailers
• Strong rental growth, weighted avg. rent reviews of 3.8% pa + significant depreciation potential
• Set within a dominant retail precinct, total trade area population of 511,000+ persons#
• Mixed-use precinct – 8,000+ dwellings in the pipeline^ within the main trade area alone
• Prominent 4,818 sqm* corner site, prior approval achieved for 169 units
• Maximum flexibility – 8 lots incl. basement parking for 79 cars, 2 separate buildings, multiple value-add and exit strategies

*Approximately

#Location IQ

^Location IQ, pipeline includes in planning, approved, under assessment, or under construction

Belconnen Convenience Centre is for sale individually, in groups, or in-one-line by public Expressions of Interest.

To obtain further information or to arrange an inspection, please contact the Stonebridge team.