Majura Park is Canberra’s most convenient shopping precinct. Developed by the Capital Airport Group, the precinct is home to a myriad of major retailers including Costco, Ikea, Dan Murphy’s, Bunnings Warehouse, Petbarn, Macpac, BBQ’s Galore, Pillow Talk, Trek Bikes, Flipout, Caltex and McDonalds. Majura Park is also welcoming Harris Farm Markets in late 2023/early 2024.

Majura Park is also home to Majura Park Shopping Centre which houses the largest & busiest Woolworths in the ACT, Big W, Aldi, Chemist Warehouse, Lollipops Playland and over 30 specialty retail shops with a strong national presence. Majura Park Shopping Centre attracts over 3.4 million shoppers each year.

Precinct features:

· Major international and national anchor tenants with huge pulling power

· Approximately 90,000sqm of retail space within the precinct

· Over 1000 free (2 hour) on grade car spaces

· Canberra’s fastest growing retail precincts with an estimated 6 million + customers per annum

· MAT for the Majura Park precinct is estimated at circa $500 million + per annum.

Location

Canberra Airport is 426ha in size and comprises of 4 precincts including the Canberra Airport Terminal, Brindabella Business Park, Majura Park and Fairbairn. The Majura Park precinct has a combination of large format retailers, recreational facilities, medical services, A-grade office accommodation and its own sub regional shopping centre all located within 7kms from Canberra’s CBD. The airport terminal is located less than 2 minutes from Majura Park which sees over 3 million passengers per annum and over 15,000 people work within the Canberra Airport precinct.

Drive Time Population

· 0-10 Minutes: 79,030.

· 0-20 Minutes: 192,000.

· 0-30 Minutes: 452,808.

Trade Area Demographics

· Average household income is 41% higher than the national average.

· 27.9% of the household income is over $156,000.

· Average household size is 2.2 people.

· 62.6% are family households.

· Unemployment rate is 2.2% which is much lower than the national average.

Leasing Opportunity

This 1485m2 large format retail tenancy is located within the new Harris Farm Markets development which is set to open late 2023/early 2024. The tenancy itself boasts a feature brick shop front with display windows, auto entry doors, signage opportunities, internal toilet, air conditioning, roller door with rear loading, 3 phase power and high bay lighting.

This tenancy can be further subdivided down to two areas of:

· Tenancy 1 – 759m2

· Tenancy 2 – 728m2

To register your interest please contact Lachlan Fitzpatrick on 0428 053 6...

Property Code: 38