Sold
Williams Landing Shopping Centre
100 Overton Road, Williams Landing VIC
Stonebridge Property Group is privileged to present for sale Williams Landing Shopping Centre, a high quality neighbourhood shopping centre anchored by a Woolworths supermarket with 2.39 hectares of expansion land.
The key highlights of the opportunity include:
- Convenience based neighbourhood centre anchored by a Woolworths supermarket + BWS & 26 specialty shops, 4 kiosks, 12 office suites and a childcare centre, spread over a GLAR of 10,945 sqm
- Underpinned by a 20-year lease to Woolworths with ultra-rare fixed rental increases
- Strategically positioned in the heart of the dynamic Williams Landing Town Centre mixed-use superhub, which is expected to accommodate over 200,000 sqm* of retail and office space^
- Excellent transport linkages, being adjacent to the Princes Freeway and Williams Landing Station
- Offered with 2.39 hectares of expansion land with flexible zoning, providing a total site area of 5.55 hectares and scope for significant future development
- Ability to capitalise on market gaps with the expansion land through identified undersupplied tenancies and uses^^
- Estimated fully leased net operating income of $4.1 million p.a.*
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
* Approximate
^ Cedar Woods
^^ Location IQ