Craigieburn Junction
420 - 440 Craigieburn Road, Craigieburn VIC

Stonebridge Property Group & JLL 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 unrivalled opportunity to secure a strong performing LFR precinct within a true town centre location.

Investment Highlights –

  • 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

* Approximately

^Location IQ, 2021

Craigieburn Junction is for sale by Expressions of Interest closing Thursday 19th August 2021 at 2:00pm (AEST).

For further information please contact the Stonebridge team.