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Stonebridge Property Group - Melbourne

Cranbourne West Shopping Centre 665 Hall Road Cranbourne West, VIC 3977

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Cranbourne West Shopping Centre 665 Hall Road,
Cranbourne West, VIC 3977

Shops & Retail • Development Sites & Land

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Stonebridge Property Group - Melbourne
Kevin Tong 汤聪瑜
Justin Dowers

Stonebridge Property Group - Melbourne

Level 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
Stonebridge Property Group - Melbourne
Cranbourne West Shopping Centre 665 Hall Road
Cranbourne West, VIC 3977

Map of Cranbourne West Shopping Centre 665 Hall Road

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High Performing Woolworths Anchored Neighbourhood Shopping Centre with Immediate Development Upside

  • New 10-Year Lease to Woolworths
  • WALE of 8.0 years by Area
  • 100% Leased with Surplus Land
Colliers and Stonebridge are pleased to exclusively present for sale Cranbourne West Shopping Centre & Surplus Land - A 100% leased Woolworths-anchored metropolitan Melbourne neighbourhood shopping centre developed by Fabcot with surplus land ready for immediate development, approximately 50 kilometres south-east of Melbourne CBD.

The 6,051sqm* Neighbourhood Shopping Centre is anchored by a 3,761sqm* full line Woolworths supermarket and BWS, supported by 1 mini major, 11 specialty tenants and a standalone medical precinct, on a 1.98 hectare* landholding, with ample at-grade parking for 295 vehicles (4.9/100 sqm of GLA).

​​​​​​​Adjoining Cranbourne West Shopping Centre is 1.12 hectares* of strategically located urban growth zone 1 with commercial 1 zone provision land with prominent frontages to Hall and Evans Roads and exposure to over 17,000 vehicles* passing daily.

Investment Highlights
1. New Fabcot delivered Neighbourhood Centre
2. Anchored by high performing Woolworths on 10-Year Lease
3. Long WALE of 8.0 Years by Area
4. 84% of GLA secured by national & chain retailers
5. MTA growing 38% above metro Melbourne average
6. Includes 1.12 Ha* of surplus development land

*All figures are approximate only

Please contact the exclusive marketing agents for more information.

Colliers

James Wilson | 0402 079 3...

Tim McIntosh | 0488 320 0...

Mike Crittenden | 0400 544 045


Stonebridge Property Group

Justin Dowers | 0438 098 8...

Kevin Tong | 0422 848 8...

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Cranbourne West, 3977 demographic data

The median household income for Cranbourne West is $1,856, 2% lower than Greater Melbourne's household income of $1,901. Cranbourne West has a younger age profile compared to the rest of Greater Melbourne (median age 32 vs 37). Property ownership data shows 81% of property owners in Cranbourne West have a mortgage.

19,969
Population
$1,856 per week
Median household income
32 years
Median age
Owners
Most residents
Families
Most households

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