Retail

Eastwood Village Shopping Centre

30 Howitt Avenue Eastwood, VIC Australia 3875
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Building Area
Land Area ()

Property Description

JLL Retail Investments is pleased to offer for sale Eastwood Village Shopping Centre a 4,045 sqm convenience and medical based neighbourhood shopping centre situated in the heart of the ever-growing suburb of Eastwood.


Developed in 2012, Eastwood Village is a well-designed modern and highly convenient offering anchored by a full line Ritchies Supa IGA supermarket and Liquor supported by 12 predominately non-discretionary tenants including a medical centre, dental surgery and pharmacy.


Prominently located on the corner of Howitt Avenue and Evergreen Way the centre is located in the growing residential suburb of Eastwood, approximately 280 kilometres east of the Melbourne CBD.


Eastwood Village is for sale by Expressions of Interest closing 4:00pm (AEST) Tuesday 25th May 2021.





Investment Highlights

Investment Highlights

  • Anchored by Ritchies Supa IGA & guaranteed by Metcash
  • 100% leased to non-discretionary tenants
  • Growing catchment through multiple new residential estates
  • Significant 16,480 sqm corner site with scope for further expansion
  • Large medical/health services offering
  • Modern centre, built in 2012 allowing for depreciation benefits and minimal capital expenditure
  • Strategic location opposite primary school, retirement village and child care
Last Updated Date: 26 Apr 2021
Tom Noonan
Director, Retail Investments
Stuart Taylor
Senior Director - Retail Investments VIC

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Last Updated Date: 26 Apr 2021

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