The Avenue Shopping Centre is located in the evolving suburb of Sunshine West, situated just 15 kilometres west of Melbourne’s CBD. Easily accessible, The Avenue Shopping Centre is just seconds from the Western Ring Road providing immediate access for the large number of motorists who frequent these busy highways.

The current population of over 30,000 surrounding residents are able to frequent this shopping centre with many more residents arriving each week. In addition The Avenue Shopping Centre services the large number of workers in Melbourne’s biggest industrial precincts of Derrimut, Laverton and Brooklyn.

With Coles as your anchor tenant and 75% of the work completed for you, this shopping centre is waiting for you to add the final polish.

KEY FEATURES:
> Strong tenancy mix anchored by Supermarket trading as Coles further complimented by Cellarbrations and 14 specialty stores
> Estimated fully leased income of $565,000 net pa plus GST (approx.)
> Site area of 13,430 m² (approx.) and net lettable area of approximately 3,997 m² (approx.)
> Zoned: Business 1 Zoning
> 196 car parks located onsite (approx)
> High yielding investment
> Significant add value potential (STPA)
> Future rental growth potential and opportunity for investment upside (STPA)