Strongly Trading Melbourne Sub Regional Shopping Centre - For Sale

SOLD

Ringwood VIC 3134

Retail

FOR SALE

17215m2

    • Building Name Centro Ringwood
Centro Ringwood, Victoria

- Successful retail shopping complex comprising a Target DDS, Coles & ALDI supermarkets, freestanding First Choice Liquor & 37 (approx.) specialty tenancies, providing a GLA of 17,215sqm (approx.)

- Dominant food, service & convenience offer within catchment, with secure income stream via major, national & chain tenants, which combined comprise 80% (approx.) of GLA & 60% (approx.) of gross income

- Densely populated Melbourne metropolitan location, with a total MTA of 178,740 persons (approx.), situated just 23km (approx.) east of the Melbourne CBD (Source: Pitney Bowes MapInfo)

- Recently redeveloped & refurbished with an impressive modern appearance and limited requirement for capex in the short to medium term

- Fully leased net income - $3,600,000 p.a. (approx.)

Expressions of Interest Closing Date: 12 Noon (AEDST), Thursday, 23 October 2008

For a copy of the detailed Information Memorandum, please contact the exclusive marketing agent:

Simon Rooney - Head of Retail Investments - Australia
Jones Lang LaSalle
Telephone: +61 2 9220 8497
Mobile: 0418 284 680
Email: simon.rooney@ap.jll.com