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739 Point Nepean Road McCrae, VIC 3938

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739 Point Nepean Road,
McCrae, VIC 3938

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Strong Performing Neighbourhood Shopping Centre

McCrae Plaza Shopping Centre is a partially enclosed single level, Neighbourhood Shopping Centre ideally located approximately 64 kilometres south east of the Melbourne CBD in the suburb of McCrae. The Centre was re-developed in 2005 and benefits from a Gross Lettable Area (GLA) of approximately 3,068.2m². McCrae Plaza is anchored by a strong performing and growing Coles Supermarket (1,689m², expiry: August 2020) with 15 specialty stores, 1 Kiosk and 1 ATM.

The Centre enjoys excellent exposure to Point Nepean Road and Lonsdale Street. The main points of access are provided from Point Nepean Road (1 Entry / 1 Exit) and Lonsdale Street (1 Entry / 2 Exits) with 5 access points in total. There is convenient 'at grade' car parking providing shoppers with a total of 158 car spaces.

McCrae Plaza Shopping Centre is a single supermarket / convenience based shopping centre, with a large percentage of the GLA being made up of these usages.

The convenient layout of McCrae Plaza allows pedestrians easy access to the Centre from the car park.

* Newly expanded and strong performing Coles anchored shopping centre totalling 3,068.2m² (approx)
* Long term 15 years lease to Coles (EXP 2020)
* Strong performing supermarket with substantial year on year growth
* High profile corner site of 10,440m² (approx)
* Substantial potential depreciation benefits available
* Fully Leased Net Income of $926,241 p.a + GST

For Sale by Private Treaty.

For more information, please call Lachlan MacGillivray 0413 053 919 or Jeremy Gruzewski 0422 211 021.

Property ID: 5675372Last Updated: 14 May 2014

03 9629 88...
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739 Point Nepean Road
McCrae, VIC 3938
Colliers - Melbourne
Level 30, 367 Collins Street
MELBOURNE, VIC 3000
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