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JLL - Melbourne

Glebe Hill Village, 1 Commerce Drive Howrah, TAS 7018

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Glebe Hill Village, 1 Commerce Drive,
Howrah, TAS 7018

Shops & Retail

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Sale - Expression of Interest

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JLL - Melbourne
Stuart Taylor

JLL - Melbourne

Level 33, 101 Collins Street
MELBOURNE, VIC 3000
04280000...
JLL - Melbourne
Glebe Hill Village, 1 Commerce Drive
Howrah, TAS 7018

Map of Glebe Hill Village, 1 Commerce Drive

Directions
  • Bus stops within 5 km of Glebe Hill Village, 1 Commerce Drive, Howrah, TAS 7018Distance
    Stop 21, Rokeby Rd / Tollard Dr169 m
    Rokeby Rd Near Pass Rd223 m
    Stop 21, Tollard Drive232 m
    Goodwins Rd Near Emerald Dr298 m
    Stop 20, Rokeby Rd (Garden Centre)349 m
    POWERED BY HERE ©
POWERED BY HERE ©

One of Australia’s Best Neighbourhood Shopping Centres

  • Brand-new centre of unparalleled quality
  • Anchored by Coles & McDonald’s
  • Already paying percentage rent
JLL Retail Investments is privileged to present for sale Glebe Hill Village, a rare opportunity to acquire a brand-new Coles anchored neighbourhood shopping centre of unparalleled quality and performance.

Glebe Hill Village is a state-of-the-art centre representing a level of craftmanship unseen in Australia’s neighbourhood sector, and the most environmentally advanced neighbourhood centre in Tasmania, if not Australia.

Key details of the opportunity include:
 
+ Exceptionally strong trading Coles, already trading well in-excess of percentage rent thresholds, and recently ranked 8 th highest performing centre in Australia in Shopping Centre News’ 2024 Mini-Guns report
+ 12-year lease to Coles Group with highly favourable 10-year option terms, and a 20-year ground lease to McDonald’s providing guaranteed fixed income growth
+ The most environmentally and technologically advanced neighbourhood centre in Tasmania, if not Australia
+ Situated within Hobart’s booming eastern growth corridor, with thousands of houses to be built, along with benefitting from over $2B in major infrastructure projects currently planned and underway in Hobart.
+ Featuring a fully leased net income of $2.88m p.a. and secured via a 8.2 year WALE (by income)
+ Landmark 2.35 h.a. site, just 8km east from the Hobart CBD, with prime corner exposure and connectivity to a MTA of 36,000+ people.

*All figures are approximate only. As at 31 December 2024.

To obtain further information or to arrange an inspection, please contact the exclusive selling agent.
 
Stuart Taylor | 0428 000 0...


• Brand-new centre of unparalleled quality
• Anchored by Coles & McDonald’s
• Already paying percentage rent

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Property ID: 504707132Last Updated: 26 Nov 2024

JLL - Melbourne
Level 33, 101 Collins Street
MELBOURNE, VIC 3000

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